Automakers to continue facing semiconductor shortages due to Covid surges
The auto components industry has experienced very challenging business cycles in the last few years due to shortage of semiconductor.
Jan 30, 2022, 17:59 PM ISTIndian car makers report sales growth in December amidst chip shortage; market leaders subside
While market leaders Maruti Suzuki and Hyundai reported a decline in sales, homegrown majors Tata Motors and Mahindra & Mahindra reported growth, amid semiconductor shortage.
Jan 03, 2022, 15:20 PM ISTWorst festive season in decade for India's auto industry, says dealers' body FADA
Automobile dealers' body FADA termed the current festive season as the worst in terms of business in a decade for its retail partners across the country.
Nov 09, 2021, 13:02 PM ISTCar prices may be 'fairly stable' in short term; demand to rise, says Volkswagen India
With the COVID-19 situation improving and curbs easing, overall demand in the economy is expected to pick up in the coming weeks.
Jun 06, 2021, 19:48 PM ISTSlowdown? What is that? Auto, smartphone, home appliances witness robust sales in January-March
Car, smartphones and Home appliances sales continue to surge, showing an uptick in post-lockdown surge in purchases.
Apr 02, 2021, 18:13 PM ISTPassenger vehicle retail sales rise over 10% in Feb on low base effect: FADA
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,274 out of the 1,481 regional transport offices (RTOs), PV sales stood at 2,29,734 units in February 2020.
Mar 09, 2021, 15:36 PM ISTPassenger Vehicle retail sales dip 4% in January: FADA
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,273 out of the 1,480 regional transport offices (RTOs), PV sales stood at 2,94,817 units in January 2020. Two-wheeler sales declined 8.78 per cent to 11,63,322 units last month, as compared to 12,75,308 units in January 2020.
Feb 09, 2021, 14:28 PM ISTAuto sales crash 24% in October, month on month sees positive momentum
Only Tractor registration continued its positive momentum by posting growth of 55.53% in October.
Nov 10, 2020, 13:36 PM ISTVehicle registration shows improvement in September, still down by 10.24% YoY: FADA
Vehicle Registrations in September continues to grow by 11.45 percent on MoM.
Oct 08, 2020, 13:44 PM ISTPassenger vehicle sales increase by 14.16% in August: SIAM
Passenger vehicle sales increased by 14.16 percent in August to 2,15,916 units.
Sep 11, 2020, 13:24 PM ISTVehicle registration shows improvement in August, still down by 26.81 YoY: FADA
FADA that entry Level Passenger Vehicles have shown initial signs of demand revival as customers sitting on fence finally concluded their purchase
Sep 09, 2020, 14:46 PM ISTTata Motors reports 13% increase in sales in August
The company had sold a total of 32,166 units in same period last year, the home-grown auto major said in a statement.
Sep 03, 2020, 13:14 PM ISTVolvo Cars reports 14.2% global sales growth in July 2020
The company sold 62,291 cars during the month, as Europe, US and China all reported a growth in sales compared with the same period last year.
Aug 04, 2020, 17:54 PM ISTVehicle registration tumbles by 42% in June due to Covid-19: FADA
FADA said, demand boosters from the government can ensure speedier Auto demand revival.
Jul 21, 2020, 15:30 PM ISTIndia’s passenger cars sales dip 57.98% in June: SIAM
Two-wheelers and three-wheelers saw a dip in sales by 38.56% and 80.15% respectively in June 2020.
Jul 14, 2020, 11:27 AM ISTAuto sales decline by 12.7% in October; marginal gain for PV segment: SIAM data
Despite the festive season uptick in sales, domestic vehicle sales across all categories have declined by 12.76 per cent in October to 21.76 lakh units compared to 24.94 lakh units in the year-ago period, according to the latest data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday.
Nov 11, 2019, 17:47 PM ISTAshok Leyland to observe non-working days in 7 plants amidst weak demand
Ashok Leyland will observe 16 non-working in Ennore, 5 non-working days in Hosur 1,2 and CPPS, 10 non-working days in Alwar, 10 non-working days in Bhandara and 18 non-working days in Pantnagar.
Sep 09, 2019, 12:55 PM ISTAuto sector slowdown may wipe out a million jobs: SIAM
The slowdown has forced the value-chain operators across the automobile industry to reduce production and downsize workforce.
Sep 06, 2019, 13:29 PM ISTAuto sector growth story nears end: Tata Motors CEO
Lately, all major OEMs, comprising passenger, commercial, two- and three-wheeler manufacturers, have reported huge decline in domestic sales.
Sep 06, 2019, 13:27 PM ISTMaruti to shut down Gurugram, Manesar manufacturing plants for 2 days
Both days will be observed as no production days, Maruti said in a BSE filing.
Sep 04, 2019, 13:18 PM IST