Auto manufacturers have been recalling vehicles on safety issues.
According to the data released by the Society of Indian Automobile Manufacturers, motorcycle sales in last month grew by 18.05 per cent to 11,05,103 units from 9,36,122 in the same month previous year.
According to figures released by the Society of Indian Automobile Manufacturers, passenger car exports in August were at 37,952 units, as against 40,901 units in the same month last year.
Domestic passenger car sales declined by 23.77 per cent to 1,38,521 units in October, 2011, from 1,81,704 units in the same month last year.
US car maker Ford on Thursday said it will introduce eight new products in India by 2015 in a bid to tap the burgeoning domestic car market.
Two-wheeler exports from India have decreased by 20 per cent year-on-year (Y-o-Y) to 1.69 million units in the first half (H1) of 2023-24 (FY24) due to a challenging geopolitical situation and foreign exchange (forex) crises in key markets such as South Asia, industry body Society of Indian Automobile Manufacturers (Siam) said on Monday. On the other hand, passenger vehicle (PV) exports in H1FY24 increased by 5 per cent to 336,754 units because the key markets are much more diversified worldwide, Vinod Aggarwal, president, Siam, told reporters during a press conference. The Russia-Ukraine war, which started in February 2022, has brought significant instability to global fuel prices.
Sales plunged to 133,747 units from 158,767 in the same month last year.
According to figures released by the Society of Indian Automobile Manufacturers, total vehicle sales in the country in October stood at 10,10,963 units against 10,17,611 units in the same month last year. Hit hard by rising interest rates sales growth, specially that of motorcycles remained negative, while that of cars managed to increase on the back of majors like Maruti Suzuki India General Motors India posting healthy numbers.
Mercedes Benz just about managed to keep its neck ahead last year, with a lead of 537 units over BMW, according to data available with the Society of Indian Automobile Manufacturers. However, handicapped by inadequate vehicle kits for the first nine months of this year for one of its models, a senior company executive stated it is unlikely Mercedes Benz will be able to surpass its own total posted last year. Mercedes Benz India sold 3,445 units last calendar year, while BMW s
Companies sold 173,420 units in Jan compared to 198,079 units in the same month a year back.
Sales of commercial vehicles were down by 13 per cent to 62,786 units from 72,166 units in the same period in 2011, Society of Indian Automobile Manufacturers said.
Passenger vehicle dispatches to dealers in India rose over two-fold last month on a low base of Covid-19-hit May last year. As per the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle wholesales rose to 2,51,052 units last month as compared to 88,045 units in May 2021. The two-wheeler sales rose to 12,53,187 units in May as compared to 354,824 units in the year-ago period.
The Tatas sold over 14,466 Indica cars, which was slightly lower than the sales of 14,592 units of the Santro hatchback in January.
The sun may be slowly setting on Maruti Suzuki India's once flagship M800 model in the domestic market, but the car is springing a surprise with rising exports this financial year.
According to the data released by the Society of Indian Automobile Manufacturers, motorcycle sales last month went up by 6.71 per cent to 9,36,122 units from 8,77,270 units in the same month previous year.
At a time when global auto majors are struggling, carmakers in India have been able to expand their overseas presence with exports from the country registering whopping 57.04 per cent growth in the last fiscal.
As rivals gain ground, the market share of the country's largest car-maker, Maruti Suzuki India, continues to hover below the 50 per cent mark, despite the firm posting its best-ever monthly domestic sales in July.
Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units last month as compared to March this year, as COVID-19-led restrictions across various states impacted demand, auto industry body SIAM said on Wednesday. Passenger vehicle sales in March 2021, stood at 290,939 units.
The government on Monday said the country's total vehicle export is likely to increase by up to 15 per cent in the current fiscal, as demand from Europe is expected to rise.
Except for March, when BMW recorded unusually high sales, Mercedes sales were ahead in the other months.
Total two-wheeler sales in June rose 3.55 per cent to 13,07,710 units.
Total sales of vehicles across categories registered 10.52 per cent growth to 15,13,032 units in May 2012 from 13,69,070 units in the same month last year, it added.
Domestic passenger car sales declined by 4.36 per cent in August to 94,584 units from 98,893 units in the same month last year.
According to the figures released by the Society of Indian Automobile Manufacturers, motorcycle sales in the country during the month was up by 21.91 per cent at 4,57,178 units as against 3,75,004 units a year-ago. Total two-wheeler sales in July jumped by 19.47 per cent at 5,99,369 units compared to 5,01,691 units in the same month last year.
The Jazz, coming at a price range of Rs 6,98,000 to Rs 7,33,000 (ex-showroom Delhi), had witnessed stock pile up last month with retail sales not picking up.
Starting April this year, 11 cities across India, where the Bharat Stage III norms are currently in place, are supposed to upgrade to BS-IV and the rest of the country where BS-II norms are followed are to move towards BS-III norms.
Car sales rose 67 per cent in November, the highest since February 2004, and many in the industry haven't stopped partying since this number was announced by the Society of Indian Automobile Manufacturers.
Figures released by the Society of Indian Automobile Manufacturers on Tuesday also show that motorcycle sales in the country grew by 1.15 per cent during the month to 8,50,619 units from 8,40,944 units in the same month last year.
The passenger car sales stood at 83,121 units in the same month last year. According to the data released by the Society of Indian Automobile Manufacturers on Tuesday, motorcycle sales were up 42.4 per cent at 6,14,274 units in November compared to 4,31,171 units in the same month a year ago.
'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '
According to figures released by the Society of Indian Automobile Manufacturers on Thursday, motorcycle sales in the country grew by 22.67 per cent to 8,69,070 units during the month from 7,08,476 units in the corresponding month last year.
Domestic passenger car sales continued to grow for the fourth consecutive month, with May sales registering a 2.48 per cent rise, but the trend may reverse soon unless there is more support from the government, says industry body SIAM.
Domestic car sales showed their upward trend for the third consecutive month with April sales registering 4.20 per cent growth after prolonged decline that started in the second half of 2008.
In India, over 13.25 lakh cars have been recalled by various auto companies so far.
Domestic passenger car sales in June grew by 16.36 per cent at 94,002 units as against 80,784 units in the same month a year ago.
Sales of commercial vehicles grew by 22.62 per cent to 64,248 units in the month under review from 52,394 units in the year-ago period, SIAM said.
The Indian auto industry witnessed contrasting fortunes in the domestic sales of cars and motorcycles in August with the former continuing in the double digit growth path, while bikes slowed down to just 3.43 per cent.