The total number of passenger vehicles (cars and utility vehicles) sold annually in the 1970s was 32,000 units - less than even one week's sales today.
Market leader Maruti Suzuki sold 51,274 units, down 49.61 per cent from the same month last year. Hyundai Motor sold 21,320 units, a decline of 49.25 per cent and Mahindra & Mahindra sold 8,075 units, down 54.54 per cent.
The impact of the ban will not be limited to sales.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Skoda Auto, Volvo Cars and Daimler India Commercial Vehicles are not participating in the Expo.
A record number of 85 products will be launched.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
The proposed Road Transport and Safety Bill, likely to be cleared by the Union Cabinet next week and introduced in Parliament in its current session, seeks to make Indian roads safer by imposing hefty penalties for violation of traffic rules.
While home-grown firms like Tata and Mahindra have been actively participating in the government's e-mobility mission, by launching electrified versions of their existing models, the global firms believe electric is not the best solution for a country where the primary source of power generation is coal, and where infrastructure is a big impediment.
Passenger vehicle wholesales in India slipped to a 10-year low in the April-December this fiscal, and the industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
German Car maker Audi plans to offer cars that can do 400 km on a single charge, says Ajay Modi.
Beside flying squads from RTOs at different points on highways, challans are imposed without any reason. The situation is especially difficult in states like Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, and Andhra Pradesh.
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.
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
The industry said if the policy was announced, it would have taken 28 million vehicles bought before March 2005 off the road.
One can see the scale of recalls going up as the market expands.
It is immediately not clear how GST will impact the mass car market. Experts, however, say the level of tax on smaller cars will have to be at a differential to the sedans.
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.
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
Analysts say Bajaj's move to correct prices can potentially disrupt the market.
'Right now, we are increasing production in anticipation of the demand during the festive season.' 'If the demand doesn't come back, all the production will languish in the factories.'
Renault Kwid is a good entry-level car for Indian roads.
The hatchback has been priced strategically at a notch above the Nano and way below the Tata Bolt.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Nano's production though continues unhindered despite mounting losses
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
According to the data released by Society of Indian Automobile Manufacturers (SIAM), domestic car sales in October this year stood at 1,59,036 units as compared to 1,63,199 units in the same month of 2013.
The multi-seater vehicle currently runs on BSIII engines.
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
IIP for November 2015 and CPI for December 2015 will be announced today.
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.
Nifty50 surged 145 points to close at 8,468 after hitting an intra-day high of 8,475.
Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
"Nano is like an open canvas for us. We have the option of positioning it on the lines of the (Volkswagen) Beetle or the (BMW) Mini."
Manufacturer Nissan plans to get aggressive with brand communication and increase the number of customer touchpoints through showrooms, experience zones and other initiatives.
Sales of commercial vehicles were up 11.45 per cent to 56,840 units in December 2015.
Indian carmakers will have no option but to manufacture safer cars from October 2017.
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