Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
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Most of the leading vehicle manufacturers were before the court, though their stand was not identical and sometimes contradictory.
Tata remains India's powerful brand with its value ring over $15 billion for the first time.
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
The daughter of a tea-shop owner, Sudiksha Bhati died on Monday morning near Aurangabad when she was riding pillion on a motorcycle with her younger brother, a minor, they said. The two were en route to their maternal uncle's home in Bulandshahr's Khanpur area from their house at Deri Scanar village in Gautam Buddh Nagar's Dadri tehsil, the officials said.
The one common theme across companies that have rewarded shareholders is consumption.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
In the two-wheeler segment, Bajaj Auto reported 31 per cent jump in total sales at 357,883 units in February against 273,513 units in the same month last year.
While two-wheeler sales declined 22 per cent, two other segments, bigger in value while being lower in volume, were much less impacted.
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
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Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
Each year the nation is glued to its television screen as the country shows off its might at the Republic Day parade. However, it takes much practice with sessions starting 5 am, and dedication of the participating paramilitary jawans, other participants and behind-the-scenes helpers -- labourers, cleaners and security staff, among others -- who brave the relentless Delhi chill to make the parade a flawless spectacle.
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
The two-wheeler industry marked its first fall in 11 months in November with sales of 1.24 million reporting a fall of nearly six per cent compared to the same month last year
The Tiger XCx model is priced at Rs 13,76,000.
Some people say I treat it as my wife, others ask why care so much, it is a machine it has no feeling, it has no life, but hell I say, once I hear it roar it does make me feel alive, is how Get Ahead reader Adamya Manshiva expresses his love for his favourite bike.
The domestic car sales volume of the company is also growing at 15%
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Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
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'We can go with smaller ensembles -- even 15 or 20 creations from a designer.' 'We are keeping the focus squarely on quality over quantity.' 'India Couture Week is, after all, about the best of the best,' FDCI Chairman Sunil Sethi tells Veenu Sandhu
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Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
Production at every automotive facility, offices of information technology firms and retail establishments in the state remained shut on Tuesday as a mark of respect to the late chief minister.
The new Tata Tigor, Datsun Go and Hero Xtreme 200R are hoping to use celebrity endorsers and gain a foothold in a segment that has been the stronghold of market leaders for several decades. But will it work?
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Fuel price hike will impact demand going forward.
These consistent performers are expected to maintain momentum.
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
Parents across the country, and the world, are grappling with an unprecedented challenge of dealing with their children who are too old to be shushed or placated and too young to understand the inexplicable situation the world has found itself in. PTI journalists across India shared experiences and conversations with their children aged 2 to 13, which ranged from cute to poignant and heart-wrenching to humorous, and some with sagacity far beyond their age.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
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