The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
When the going gets tough for P V Sindhu, the star badminton player dives into her highly successful past to seek inspiration to keep going in her quest for more glory.
Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared to 7,323 e-PVs in June 2024, registering a sharp increase of 79.95 per cent year-on-year.
In men's doubles, Satwik and Chirag, currently ranked 15th in the world, defeated the Korean duo of Kang Min Hyuk and Kim Dong Ju 21-18, 21-10 in just 42 minutes.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
'We have been working on that, especially in terms of being more patient to continue that rally and keep the shuttle in the court for a longer period of time. Because we have to make changes every time the game changes.'
Passenger vehicle dispatches from companies to dealerships witnessed an increase of 1.6 pc year-on-year in January at 399,386 units driven by robust demand for utility vehicles, industry body SIAM said on Thursday. It was the highest-ever passenger vehicle dispatch for the month of January.
A chargesheet filed by Andhra Pradesh police in connection with the Rs 3,500 crore alleged liquor scam mentions former chief minister YS Jagan Mohan Reddy as one of the recipients of kickbacks. The chargesheet alleges a complex scheme involving shell companies, policy manipulation, and extortion to generate funds that were ultimately routed to Jagan Mohan Reddy.
Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive note, Federation of Automotive Dealers Associations said on Monday.
Sindhu has been off colour this year, struggling for form.
Passenger vehicle retail sales in India witnessed a 10 per cent on-year jump in July driven by new model launches and enhanced discounts, industry body FADA said on Monday. Total passenger vehicle retail sales rose to 3,20,129 units in July, as compared to 2,90,564 units in July 2023. "Dealers reported benefits from good product availability, attractive schemes, and a wider range of products," the Federation of Automobile Dealers Associations (FADA) vice president C S Vigneshwar said in a statement.
Sluggish urban demand, a high base effect, and weak sales of hatchbacks and sedans weigh down passenger vehicle sales in FY25.
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Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
Given the Indian duo's struggles with fitness and injury over the last few weeks, this was a commendable win.
The growing rift between MSIL and rival automakers has complicated the government's efforts to finalise the CAFE norms.
Following a directive from the Supreme Court, the AIFF has been asked not to negotiate new terms of the MRA with FSDL, the apex governing body's commercial partner running the ISL, until a final judgment is delivered in the AIFF draft constitution case.
Sindhu, Prannoy advance to second round of Singapore Open
Tata Motors is hoping to beat its target year of 2030 and have 30 per cent of its portfolio comprising electric vehicles (EVs), according to Chairman N Chandrasekaran, who was speaking at the company's last annual general meeting (AGM) ahead if its demerger.
Seventeen-year-old Unnati, champion at the 2022 Odisha Masters and 2023 Abu Dhabi Masters, was no match for world No. 2 and top seed Pornpawee Chochuwong, going down 14-21, 11-21 in just 39 minutes.
Sindhu stands on the brink of history as she pursues the gold medal in the upcoming Games, having won a silver and bronze in 2016 Rio and 2020 Tokyo edition respectively.
Passenger vehicle wholesales in India declined 2.5 per cent year-on-year to 341,510 units in July, impacted by high base effect as well as companies reducing vehicle dispatches to dealers amid moderation in demand. The overall passenger vehicle (PV) dispatches from companies to dealers stood at 350,355 units in July 2023, automobile industry body Siam said on Wednesday.
The meltdown in Dalal Street that wiped out investor wealth to the tune of 44 trillion in 2025 also seems to be having a ripple effect on the country's vibrant automobile retail sales.
This is Sindhu's third consecutive first round loss.
Two-time Olympic medallist PV Sindhu faltered in the deciding game to lose to World No. 8 Pornpawee Chochuwong of Thailand in the women's singles second round of the Indonesia Open Super 1000 badminton tournament in Jakarta on Thursday.
Indian mixed doubles pair of Dhruv Kapila and Tanisha Crasto suffered a straight game loss to Hong Kong's fifth-seeded duo of Tang Chun Man and Tse Ying Suet in the quarterfinals of the Badminton Asia Championships in Ningbo, China, on Friday.
Saina offered her support to PV Sindhu's decision to seek a change in her training approach.
The January-March quarter (Q4) results for 2024-25 (FY25) from the country's largest passenger vehicle (PV) maker, Maruti Suzuki India (MSIL), were a mixed bag, with revenues broadly in line but operating profit missing Street expectations. Given cost pressures, margins at the operating level were the lowest in the past seven quarters.
Moderate turnout was recorded in the first four hours of polling across five assembly constituencies across Punjab, West Bengal, Gujarat and Kerala where bypolls are underway on Thursday.
Aided by festive demand, domestic passenger vehicle wholesales rose marginally year-on-year to 3,93,238 units in October, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches by companies to dealers stood at 3,89,714 units in October last year. Total two-wheeler sales rose 14 per cent year-on-year to 21,64,276 units last month, as compared to 18,95,799 units in October 2023, the Society of Indian Automobile Manufacturers (SIAM) said in a statement.
Car purchases in India are largely limited to the top 12 per cent of households with an annual income exceeding Rs 12 lakh, while even small cars have become unaffordable for the remaining 88 per cent, said R C Bhargava, chairman of Maruti Suzuki India Limited (MSIL), on Friday. "How can you get high car sales growth if 88 per cent of the country are below the levels of income where they cannot afford these cars costing Rs 10 lakhs and above?
As a mark of respect, players and match officials will wear black armbands, and a minute's silence will be observed before the start of the match.
Tata Motors will soon submit a detailed report on the upcoming manufacturing plant in Tamil Nadu's Ranipet district and a decision, on whether the facility will churn out passenger or commercial vehicles, will be taken by the company on the basis of market trends, state's industries minister TRB Rajaa said on Thursday. "They are keeping the options open, and market trends will determine it (the type of vehicles the plant will make). "They will quickly come up with a detailed report on that," Rajaa said.
Indian wedding planning app, WedMeGood released a list of the 50 best wedding venues in India. Many are places that Bollywood celebs like Katrina Kaif, PV Sindhu, Rajkumar Rao, chose for their D-day. The first 10 were presented here. Now for the next 10...
Double Olympic medalist PV Sindhu and promising shuttler Priyanshu Rajawat bowed out of the Badminton Asia Championships in the pre-quarterfinals, while mixed doubles pair of Dhruv Kapila and Tanisha Crasto advanced to the last eight
Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers' body FADA said on Monday. The last financial year saw growth in sales of passenger vehicles, two-wheelers and three-wheelers.
Sindhu, Lakshya to head India's campaign at Asian C'ships
Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.
Star Indian shuttlers PV Sindhu and Lakshya Sen will spearhead a strong contingent at the USD 250,000 Swiss Open, beginning on Tuesday, aiming to regain top form.
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