Auto Sales

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Auto Sales - Total results - 84
Maruti Suzuki India records 86% slump in May sales at 18,539 units; exports decline 49%
Business

Maruti Suzuki India records 86% slump in May sales at 18,539 units; exports decline 49%

The country’s largest carmaker Maruti Suzuki India (MSI) on Monday reported a 86.23 percent decline in total sales at 18,539 units in May

Toyota Motor Corp sees 80% profit drop as coronavirus pandemic wipes $14 billion off car sales
Business

Toyota Motor Corp sees 80% profit drop as coronavirus pandemic wipes $14 billion off car sales

Toyota Motor Corp said on Tuesday it expects profit to drop by 80 percent to its lowest in nine years, as Japan’s biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles

Markets end week with gain of 7%: Sensex soars 997 points to end at 33,717, Nifty surges to 9,860; Tata Motors, ONGC major gainers
Business

Markets end week with gain of 7%: Sensex soars 997 points to end at 33,717, Nifty surges to 9,860; Tata Motors, ONGC major gainers

The NSE Nifty 50 index ended 3.2 percent higher at 9,859. The index was up 7.7 percent this week.

Evidence of coronavirus' effect on US economy grows more ominous, will shrink 7% in 2020, predict economists
Business

Evidence of coronavirus' effect on US economy grows more ominous, will shrink 7% in 2020, predict economists

Retail sales—a primary driver of the US economy—are almost surely suffering further during April because business shutdowns will have been in effect for the entire month, compared with just half of March

Coronavirus Outbreak: Auto sector hit by COVID-19; domestic passenger vehicle sales drop 51 percent in March
Business

Coronavirus Outbreak: Auto sector hit by COVID-19; domestic passenger vehicle sales drop 51 percent in March

FADA has written to Prime Minister Narendra Modi seeking relief measures to deal with the effects of the coronavirus pandemic.

Coronavirus Outbreak: Tata Motors total vehicle sales down nearly 83% in March to 12,924 units
Business

Coronavirus Outbreak: Tata Motors total vehicle sales down nearly 83% in March to 12,924 units

Tata Motors on Wednesday reported a 82.69 percent decline in total sales to 12,924 units in March

Domestic car sales decline by 8.4% to 1.42 lakh units in December; two-wheeler sales down 17%: SIAM
Business

Domestic car sales decline by 8.4% to 1.42 lakh units in December; two-wheeler sales down 17%: SIAM

Domestic passenger vehicle sales declined 1.24 percent to 2,35,786 units in December from 2,38,753 units in the year-ago period

Bajaj Auto's domestic sales down 15% to 1,53,163 units in December; exports up 13%
Business

Bajaj Auto's domestic sales down 15% to 1,53,163 units in December; exports up 13%

Bajaj Auto on Thursday reported a 3 percent decline in total sales at 3,36,055 units in December 2019

Ashok Leyland's commercial vehicle sales decline by 28% to 11,168 units in December
Business

Ashok Leyland's commercial vehicle sales decline by 28% to 11,168 units in December

Hinduja flagship firm Ashok Leyland on Thursday reported 28 percent decline in total commercial vehicle sales at 11,168 units in December

Maruti Suzuki, M&M post rise in domestic auto sales in December; Hyundai, Toyota witness negative growth
Business

Maruti Suzuki, M&M post rise in domestic auto sales in December; Hyundai, Toyota witness negative growth

The country's largest carmaker Maruti Suzuki India and Mahindra & Mahindra on Wednesday reported rise in their domestic sales in December, even as Hyundai and Toyota posted negative growth

Domestic car sales decline by 11% to 1.60 lakh units in November; motorcycles sales plunge 15%: SIAM
Business

Domestic car sales decline by 11% to 1.60 lakh units in November; motorcycles sales plunge 15%: SIAM

Vehicle sales across categories registered a decline of 12.05 percent to 17,92,415 units from 20,38,007 units in November 2018

Auto stocks skid on sluggish November sales; Maruti Suzuki shares fall by 1.77%, TVS Motor down 2.59%
Business

Auto stocks skid on sluggish November sales; Maruti Suzuki shares fall by 1.77%, TVS Motor down 2.59%

Shares of automobile companies tumbled as much as 2.59 percent on Monday after they posted subdued sales numbers for November

Passenger vehicle retail sales jump 11% in October on festive demand: Industry body FADA
Business

Passenger vehicle retail sales jump 11% in October on festive demand: Industry body FADA

Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles in October increased 11 percent to 2,48,036 units against the same period last year, driven by festive demand during the month

Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit
Business

Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit

One just needs to look at the sales figures of auto makers, FMCG companies and state of the manufacturing and construction sector to understand where does the consumer confidence indicators point at this stage.

Recent measures taken by govt will stimulate investments, give push to GDP growth in coming months, says Venkaiah Naidu
Business

Recent measures taken by govt will stimulate investments, give push to GDP growth in coming months, says Venkaiah Naidu

Venkaih Naidu said the fundamentals of the Indian economy are strong and the country continues to be among the fastest growing major economies of the world

Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market
Business

Maruti parent Suzuki Motor Corp says company no longer gung-ho about India’s auto market

Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen relentless growth in the past seven years. And the parent of the country’s biggest car maker is not alone

Maruti Suzuki October sales up 4.5% at 1,53,435 units; compact car sales rise 16%
Business

Maruti Suzuki October sales up 4.5% at 1,53,435 units; compact car sales rise 16%

The country's largest carmaker Maruti Suzuki India (MSI) on Friday reported a 4.5 percent increase in total sales at 1,53,435 units in October

Auto sector slowdown: Maruti Suzuki Q2 net profit drops 39% to Rs 1,391 cr, revenue declines 25% to Rs 16,123 cr
Business

Auto sector slowdown: Maruti Suzuki Q2 net profit drops 39% to Rs 1,391 cr, revenue declines 25% to Rs 16,123 cr

The country's largest carmaker Maruti Suzuki India on Thursday reported 38.99 percent decline in consolidated net profit at Rs 1,391.1 crore in the second quarter ended 30 September

Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September
Business

Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September

Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double-digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry

Mistrust between govt, businesses growing on frequent raids, searches; high-interest rate regime a challenge: Ajay Piramal
Business

Mistrust between govt, businesses growing on frequent raids, searches; high-interest rate regime a challenge: Ajay Piramal

Piramal chose to make the concerns public at the World Hindu Economic Forum which began in the financial capital.