Passenger vehicle wholesale in India increased by 14.19 per cent to 3,10,294 units in October against 2,71,737 units in the same month last year as companies despatched more units to dealers to cater to enhanced demand in the festive season, auto industry body SIAM said on Wednesday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also rose 16.88 per cent to 20,53,814 units, compared with 17,57,180 units in the same month last year. Motorcycle sales were at 13,82,749 units as against 11,16,886 units in October 2019, up 23.8 per cent.
MotoGP world champion Marc Marquez took pole position at the Grand Prix of the Americas with seconds to spare on Saturday after clambering over a wall and sprinting down pitlane to jump on his spare Honda.
While two-wheeler sales declined 22 per cent, two other segments, bigger in value while being lower in volume, were much less impacted.
Two-wheeler sales were down 15.24 per cent in July to 12,81,354 units as compared with 15,11,717 units in the same month last year.
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Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.
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The share of diesel vehicles sold in 2014-15 was 37 per cent.
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These bikes are a good mixture of style, mileage, performance and affordability, says Rajesh Alva.
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With fast changing mentality of the crowd here, the automakers are creating their own categories to attract more and more buyers.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
With multiple options in the compact sport utility vehicle (SUV) and compact sedan space, the mid-size sedan seems to be losing its charm among customers.
Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 142,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.
Fernando Alonso left the Brickyard on Sunday without a fairytale victory to cap his Indy 500 adventure but had no regrets as he prepared to return to his Formula One day job with McLaren.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
From Maruti to Honda, every big manufacturer has lined up launches in the domestic market.
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Max Verstappen won the season-ending Abu Dhabi Formula One Grand Prix from pole position for Red Bull on Sunday.
World champion Lewis Hamilton, back in the car after his COVID-19-enforced absence at last week's Sakhir Grand Prix, was third but only 0.086 seconds off the pace.
Hero Honda, India's largest two-wheeler maker, could see a change in ownership as the Delhi-based Munjal family seeks to buy the stake held by partner Honda Motor Company of Japan in the joint venture. The Indian promoters are reportedly talking to private equity (PE) players to raise the money needed to buy the 26 per cent stake held by Honda Motor.
Perez, who vaulted to fourth in the overall standings after Sunday's race, is the first Mexican driver to win a race since Pedro Rodriguez took victory in the 1970 Belgian Grand Prix.
Spain's MotoGP world champion Marc Marquez won the German Grand Prix from pole position on Sunday for his sixth win in a row at the Sachsenring in a Honda one-two with compatriot Dani Pedrosa.
Tennis World No. 1 Serena Williams found herself in trouble with security officials at the PGA Tour's Honda Classic on Friday after she tried to photograph Tiger Woods.
Four times MotoGP world champion Marc Marquez drove a Formula One car for the first time at the Red Bull Ring in Austria on Tuesday but said his focus remains firmly on two wheels for the next few years at least.
Gurugram police has assured residents that it is drawing out a detailed plan to avert traffic jams during rains this year.
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After many attempts, Bajaj finally has a bike to counter Hero Honda in the 100cc segment.
Fernando Alonso has credited McLaren with restoring the motivation he lost after five years at Ferrari.
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the financial year, or even earlier.
