The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
After a very weak December quarter and a poor year-to-date fiscal year volumes-when sales plunged to the lowest in nine years, the signs in the first 15 days of January haven't been encouraging either. "Though the severity of the current wave is not as high as the previous one, it has hit the sentiments hard impacting conversion of enquiries into sales," said Vinkesh Gulati, president, Federation of Automobile Dealers Association (FADA).
This is the first time a state is asking for PAN card for two-wheelers
Two-wheeler prices are likely to rise by 10-25 per cent on account of higher premiums on insurance and commodity prices, mandatory safety regulations and BS-VI emissions that kick in from April 1, 2020.
Companies like Yamaha Motor India, Honda Motorcycle and Scooter India, Suzuki Motorcycle India and TVS Motors are all geared up to launch bikes to shake-up Bajaj's stronghold -- the 150-250-cc segment
The Honda Navi ushers in an entirely new class of two-wheeler in the country. But will its radically different positioning prove to be its undoing too, or will it stand up tall against the wildly popular Honda Activa 3G, the scooter it shares its heart with?
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Scooters such as those from Kinetic Motors had become gearless by then and were no more family rides, but peppier individual modes of transport.
Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers. The difference is that while the former is zooming - registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 - the latter, meaning a market for CNG-powered two-wheelers, does not exist.
During May, Maruti Suzuki's domestic car sales were up 2.59 per cent at 87,402 units as against 85,190 units in the same month last year.
'In FY23, PV sales are expected to end the year at a record 3.8 million units, up 26 per cent. In FY24, however, the industry is expecting 5-7 per cent volume growth'
Narendra Sharma takes the Honda CB Hornet 160R for a spin on Goa's roads.
B M Munjal positioned motorcycles as more fuel efficient than scooters, which struck a chord with the cost-conscious Indian buyers.
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
This is the first decline since June this year when car sales declined by 11%.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
During April, Maruti Suzuki India's domestic car sales were up 2.72 per cent at 86,481 units, as against 84,188 units in the same month last year.
Proposed investment dip 33% from Rs 1.42 lakh crore (Rs 1.42 trillion) in 2011 to Rs 94,259 crore (Rs 942.59 billion) in 2013
Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.
Domestic passenger vehicle sales declined 0.84 per cent to 2,63,773 units in November from 2,66,000 units in the year-ago period. Motorcycle sales, too, declined 14.87 per cent to 8,93,538 units. Vehicle sales across categories registered a decline of 12.05 per cent to 17,92,415 units from 20,38,007 units in November 2018.
Advertising industry watchdog ASCI upheld complaints against 82 campaigns in June for misleading ads, including those of Flipkart, Uber, Snapdeal, Vodafone.
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
Car sales in India surged by 12.87 per cent in December.
Hero today sells its products in 19 countries across Asia, South and Central America and Africa.
The company had signed a memorandum of understanding with the state government to set up the plant at an investment of Rs 30,000 crore (Rs 300 billion).
The two-acre office complex under construction on the outskirts of Delhi will be home to about eight hundred company executives. Special care is being given to air purification and the building will be equipped with a three-stage air filter system.
Check out the top 10 Indian bikes that rocked the sales chart for their manufacturers
The 150cc bike segment in the country is witnessing commendable growth every passing day.
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
New electric and hybrid vehicles on display as manufacturers plug into environment-friendly segment.
They're sexy, powerful, irresistible and very, very expensive.
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.
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.
As the second wave of the Covid-19 pandemic abates, India's automakers are hopeful of a quick recovery in sales volumes, led by better rural sentiment, low interest rates, improved availability of finance and a gradual uptick in business and economic activity. In fact, companies have started to ramp up production already, encouraged by high order books and the growing preference for private transport in both rural and urban areas as a means to avoid infections. In early April, the industry had been bullish as the sales trend for March showed that the effects of the Covid-19 pandemic had been left behind. The total vehicle sales had grown by 77 per cent, albeit on a lower base, and for the past few months, sales had consistently touched 300,000 units per month.
Sabarmati railway station is the venue for the ground-breaking ceremony, be chaired by Modi and Abe, of the Rs 98,000-crore Ahmedabad-Mumbai high-speed rail project.
Rajesh Karkera and Hitesh Harisinghani spotted these beauties at the Auto Expo 2018
Vehicle sales across categories registered a decline of 8.62 per cent to 20,86,358 units from 22,83,262 units in May 2018.
In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.
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