Image used for representational purposes only. (PTI File Photo) MUMBAI: Passenger vehicle (PV) sales during the month of May were in the slow lane as buyers’ sentiments were impacted by general elections and extreme heat waves. Growing by a modest 4%, PV dispatches from companies to dealers stood at 3,50,257 units in May 2024 as …
Tata Motors continues to give Hyundai a run for money for the second spot in the India car market. Does the Indian brand overhaul the Korean auto giant? The Indian passenger vehicle (PV) market is one of the most competitive automotive markets in the world. While Maruti Suzuki leads the segment with over 40% market …
Total passenger vehicle sales (dispatches to dealers) in October grew 16 per cent year-on-year (y-o-y) to 3,89,714 units, compared to 3,36,330 units in the corresponding month last year. According to the monthly sales data shared by the Society of Indian Automobile Manufacturers (SIAM), the sales were contributed by utility vehicles (UVs), which grew 40 per …
Sales of small cars may bounce back in two-to-three years once consumers’ income levels increase, Maruti Suzuki India’s chairman said on Friday, after the carmaker smashed quarterly profit estimates thanks to strong sales of larger and pricier vehicles. Stubbornly high borrowing rates and inflation that is only just cooling have shrunk disposable incomes. “Without growth …
Kolkata | Mumbai: Discretionary spending by consumers on big-ticket items such as cars, smartphones, televisions, two-wheelers and household appliances is off to a flying start this festive season. Several brands and categories have overtaken last year’s total festive period sales or are close to matching them in the first phase, which runs from Navratri to …
Sales of passenger vehicles in the domestic market stood at 3,61,717 units in September, marking an increase of 1.9 per cent compared with the corresponding period a year ago, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Monday. The monthly sales numbers of BMW, Mercedes, Jaguar Land Rover and Volvo Auto were …
Sales of fast-moving consumer goods (FMCG), cars, smartphones, and household appliances surged in the September quarter, both sequentially and year-on-year, company executives told ET. Lower inflation, improved monsoon, fall in prices and offers given by companies to pass on the benefits of lower input costs lifted consumer sentiment. Passenger vehicle makers ended September with the …
Mumbai: Car sales in India are estimated to scale new highs in September taking the monthly, quarterly and first half (fiscal year) volumes to a record high. Fueled by an encouraging consumer demand in the ongoing festive season and spate of new model launches in the SUV segment that has helped sustain buyer interest, car …
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