Exports of Made in India vehicles went up by a whopping 56 per cent during the last fiscal as cars, commercial vehicles and two-wheelers continued to charm overseas buyers.
The increase in bus and truck sales of Tata Motors and Ashok Leyland pushed commercial vehicle sales up by a robust 35.7 per cent in the first eleven months of this fiscal.
According to the figures released by the Society of Indian Automobile Manufacturers, motorcycle sales in the country during the month was down by 17.68 per cent at 4,25,089 units, against 5,16,410 units a year ago. Commercial vehicle sales during the month increased by 1.69 per cent to 45,059 units from 44,308 units for the year-ago period, SIAM said.
The domestic car sales rose by 36.5 per cent in December as nine out of 11 carmakers recorded more demand due to lower prices after a budgetary cut in excise, cheap finance schemes and announcements of price hike in January.
Surging truck sales of Tata Motors, Ashok Leyland and Eicher Motors drove commercial sales up by 34.6 per cent during the first eight months of this fiscal.
The country's leading automobile show, the Auto Expo, which was scheduled to take place in February next year at Greater Noida, has been postponed due to the COVID-19 situation and apprehensions of a possible third wave, industry body SIAM said on Monday. The last edition of the biennial automobile show took place in February 2020. "The magnitude of the risk of spread of infection is extremely high in a business-to-consumer (B2C) show like the Auto Expo which is visited by large crowds and maintaining social distancing would be difficult.
Healthy sales of passenger cars, motorcycles and commercial vehicles enabled Indian automobile industry to grow 15.9 per cent at 78,96,475 units in the domestic market in the fiscal ending March 31, 2005.
Cheered by Maruti, Hyundai and Tata Motors, car sales surged by a robust 24 per cent in October 2003 as customers got attracted to low interest finance and a spate of car roll-outs.
Propelled by Maruti, Hyundai and Tata Motors, car sales surged by 12.8 per cent in September 2003 as customers reaped benefits of low interest loans and budgetary cut in excise.
The domestic car sales rose by a modest 6.7 per cent in August 2003 as market leader Maruti, Fiat and Hindustan Motors suffered a decline even as Hyundai and Tata Motors improved their performance.
Car sales zoomed nearly 38 per cent to 59,800 units in July when compared with 43,434 units sold in July 2002, according to data released by the Society of Indian Automobile Manufacturers on Thursday.\n\n
Domestic car sales were down 33.4 per cent to 1,31,281 units last month as against 1,97,124 units in September 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.
Car sales in the country surged by 41 per cent in May 2003 as all major companies like Maruti, Hyundai and Tata Engineering recorded strong growth following an eight per cent excise duty cut in this year's Budget.
According to figures released by Society of Indian Automobile Manufacturers, domestic motorcycle sales during the month was at 3,75,004 units as against 4,53,152 units in July 2006, down by 17.25 per cent.
Domestic passenger car sales jumped 28 per cent in April to 42,506 units from 33,195 units in the same month last year, the Society of Indian Automobile Manufacturers said on Wednesday.\n\n\n\n
India's domestic passenger car sales rose 7.64 per cent in November, slowing after three months of double-digit growth as buyers postponed year-end purchases to the next year to boost resale values.
Domestic passenger car sales grew by 2.89 per cent in March at 114,195 units as against 110,978 units in the same month a year ago.
Domestic passenger car sales grew by 23 per cent in December 2006 at 81,026 units as against 65,853 units in the same month a year ago.
HCIL will voluntarily replace airbag inflators of 2,23,578 vehicles of previous generations of CR-V, Civic, City and Jazz.
Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
Sales of commercial vehicles were up 12.73%.
Passenger vehicle dispatches from factories to dealers in India fell 8 per cent in January, mainly due to semiconductor shortage, auto industry body SIAM said on Friday. The total passenger vehicle wholesales dropped to 254,287 units in January 2022 as compared to 276,554 units in the same month of last year. Last month, passenger car dispatches stood at 126,693 units as compared to 153,244 units in the year-ago period. Similarly, van dispatches declined to 10,632 units in the period under review from 11,816 units in January 2021.
Passenger car sales rose 9.7 per cent in the domestic market in September to 77,411 units against 70,507 units in the same month last year.
Sales of commercial vehicles were up 7.58 per cent to 52,198 units in August, SIAM said.
Passenger vehicle wholesales rose 17 per cent in January to 298,093 units driven by robust offtake of utility vehicles, including the fast-growing sports utility vehicles, industry body SIAM said on Monday. The overall passenger vehicle dispatch from companies to dealers was 254,287 units in January 2022. Utility vehicle sales rose to 149,328 units last month from 116,962 units in January last year.
The total two-wheeler sales in June rose 12.99 per cent to 12,61,589 units.
India's passenger vehicle exports rose by 26 per cent in April-June 2022 aided by enhanced shipments to Latin America and Africa and a low base of the year-ago quarter that was hit by the second wave of COVID-19. As per the latest data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle shipments rose to 1,60,263 units in the April-June period of this fiscal as compared with 1,27,083 units in the same quarter of 2021-22. Passenger car shipments saw an 88 per cent year-on-year growth at 1,04,400 units while utility vehicle exports rose 18 per cent to 55,547 units during the period under review, SIAM data showed.
Car sales surged by 31.2 per cent in October 2004 for the seventh consecutive month this fiscal spurred by low interest rates and launch of a spate of new models.
The car sales went up by 9.88 per cent in the second month of this fiscal with Maruti and Tata Motors propelling the growth even as Hyundai slowed down the overall sales last month.
The domestic car sales surged by 41.3 per cent in November to 58,166 units from 41,146 units in the same month last year.
Indian automakers dispatched nearly 2.92 lakh passenger vehicles, the highest ever for February so far, driven by strong demand for cars and utility vehicles, industry body SIAM said on Friday. The total passenger vehicle dispatches from companies to dealers last month increased 11 per cent to 2,91,928 units from 2,62,984 units in February 2022. Passenger car sales rose to 1,42,201 units in February against 1,33,572 units in the year-ago period.
Domestic car sales rose by 15.2 per cent in March 2003 as the top three automakers, Maruti Udyog, Hyundai and Tata Engineering, reaped benefits.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
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Domestic passenger car sales rose by 9.62 per cent to 1,77,604 units in July as against 1,62,022 units in the same month last year.
Indian automobile units are employing more and more robots to improve your car's efficiency. India is catching up well as world over, the latest technologies is redefining outdated manufacturing processes.
"I took some time to explore the contours of this initiative. I don't use the term 'game-changer' too often but it's apt in this case. For me, what's much more important than the mechanics of the scheme is the dramatic shift it signals in the attitude towards industry," Mahindra said in a tweet.
Sales of vehicles across categories registered a growth of 3.75 per cent to 16,19,689 units in January against 15,61,130 units in the same month of 2013
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