According to Society of Indian Automobile Manufacturers, domestic passenger car sales rose 8.99 per cent in January, while the two wheelers continued the downhill ride with 10.96 per cent decline in comparison to the corresponding month last year. Domestic passenger car sales in the country stood at 1,13,899 units as against 1,04,501 units in the same month last year, it said.
According to figures released by Society of Indian Automobile Manufacturers, Audi's sales in the first three months of the fiscal have jumped by 52.15 per cent to 1,908 units from 1,254 units in the year-ago period.
According to figures released by the Society of Indian Automobile Manufacturers on Monday, motorcycle sales in the country grew by 19.92 per cent during the month to 9,33,465 units from 7,78,351 units in the corresponding month last year.
French car maker Renault on Thursday said it is developing a car which will be designed to meet the requirements of the Indian market and is expected to be introduced after 2013.
Domestic passenger car sales grew by 15.37 per cent to 1,33,486 units in August this year compared to 1,15,705 units in the same month of 2012.
Maruti Udyog Managing Director Jagdish Khattar on Wednesday said that antiquated laws, poor infrastructure and high tax regimes were preventing India from becoming a global hub for manufacturing small cars.
With car sales in India falling for a record ninth month in a row in July posting 7.4 per cent decline and that of heavy and medium commercial vehicles dipping for 17th month in succession, industry body SIAM said on Monday auto sector has started retrenching temporary workers.
Domestic passenger car sales declined by 18.56 per cent to 1,18,142 units in August 2012 compared to 1,45,066 units in the same month in 2011.
Hyundai, the second-largest car manufacturer in the country, will stop the production of its A2 compact car, the Getz, by 2011.
At a time when many major global auto markets witnessed declines, Indian carmakers were able to expand their overseas presence with exports from the country registering a robust 33.23 per cent growth in the last fiscal.
According to the figures released by the Society of Indian Automobile Manufacturers on Wednesday, domestic passenger car sales grew by 7.20 per cent to 1,96,013 units in January against 1,82,852 units in the same month last year.
According to figures released by Society of Indian Automobile Manufacturers on Monday, Tata Motors exported 498 units last month as compared to just a single unit in the corresponding month last year.
All industry bodies including Confederation of Indian Industry and Federation of Indian Chamber of Commerce and Industry should work together in their efforts to contribute the country's economic growth, Anand Mahindra, managing director, Mahindra &
"These latest so-called 'Liberation Day' tariffs are reckless and self-destructive, inflicting financial pain on Illinois at a time when people are already struggling to keep their small businesses afloat and put food on the table."
The Society of Indian Automobile Manufacturers on Wednesday said the new definition for completely knocked down (CKD) units of vehicles introduced in the Budget for 2011-12 will significantly increase the cost for high-end players and also hamper the introduction of new products.
Car and sports utility vehicle makers say they're taken aback by the Union finance ministry's proposal to bring locally assembled models into the same duty structure as imported units. They say the move would cripple demand, following a substantial rise in vehicle prices.
India's favourite Maruti Suzuki has captured the top four slots on the list.
As the Nano made its commercial debut, automotive industry experts opined that the Rs 1 lakh wonder from the Tata stable can give an additional 14 million Indian families access to an affordable car, thus creating a niche segment.
Harley-Davidson Inc. has announced its plans to formally enter the motorcycle market in India. Initial steps include establishment of subsidiary and dealer network
Gloomy macro-economic factors and negative sentiments continue to hit demand.
The Centre for Science and Environment has demanded an additional duty of up to Rs 1.62 lakh on big diesel cars to prevent the misuse of subsidized fuel for luxury.
The Centre for Science and Environment has demanded an additional duty of up to Rs 1.62 lakh on big diesel cars to prevent the misuse of subsidized fuel for luxury.
Thi is the best-ever monthly sales achieved in passenger cars, motorcycles and total two-wheelers segments.
The domestic passenger car sales fell by 6.59 per cent in October to 98,900 units from 1,05,877 units in the same month last year.
It would be logical economics of the market that if something expensive is given away free, people will overuse it.
Society of Indian Automobile Manufacturers lowered car sales growth projection to just 1-3 per cent for this fiscal from the 9-11 per cent announced in July.
Domestic car sales declined 157,536 units in September 2012 compared to 166,464 units in the same month last year.
The country's automobile exports went up by a whopping 65.3 per cent in 2002-03 as 'Made-in-India' vehicles, mainly cars and two-wheelers, continued to charm overseas buyers.
Sales of commercial vehicles were down by 24 per cent to 43,080 units in April, SIAM said.
The Indian automobile industry entered the big league as car sales touched 1.03 million units during 2003-04, notching an impressive 32 per growth.
Domestic passenger car sales jumped by 6.7 per cent to 1,43,496 units in July 2012 compared to 1,34,473 units in the same month in 2011.
Car sales in India fell for the second consecutive fiscal in 2013-14 with a drop of 4.65 per cent as the auto industry continued to struggle with demand slump.
At present, MSI has a staff strength of 7,500 employees. Enrollment in the next fiscal will be higher than the 800 people recruited this fiscal by the company.
Total sales of vehicles across categories registered 21.32 per cent growth to 13,70,932 units in February, 2011.
Car sales in India grew by just 2.2 per cent in 2011-12 , the slowest in two years.
With total sales of 2, 11,402 cars, compared to 1, 86,890 notched up in the same month last year, February 2012 witnessed the highest growth in the last 10 months in terms of sales output.
The total automobile sales in India dropped by 4.7 per cent during the fiscal year 2007-08, at 9,648,105 units as compared to 10,123,988 units in the last financial year. Motorcycle sales in the country during the year were down by 11.9 per cent at 57,68,341 units, against 65,47,195 units in 2006-07. Sales of the domestic passenger car rose by 12.2% in March 2007-08 to 128,074 units from 114,145 units in the same month last year. Total two-wheeler sales were down by 0.41%.
According to industry players, the commercial vehicle (CV) segment, which returned to positive territory in July after witnessing a downturn for 11 months, is likely to see encouraging sales in the coming months.
According to the Society of Indian Automobile Manufacturers' (Siam's) data, Ford India between April and June produced 6,752 cars, of which 219 units were exported, through containers in different shipments.
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