Car Sales

Showing of 1 - 20 from 144 results
Car Sales - Total results - 144
More bad loans in offing? Carmakers tie-up with banks to offer low interest rate schemes to attract customers
Business

More bad loans in offing? Carmakers tie-up with banks to offer low interest rate schemes to attract customers

Banking sources say the Finance Ministry is pressuring banks to increase lending, though they are already saddled with over $120 billion of bad loans,

Markets recover: Benchmark indices close day's session with minor losses; Vedanta, ITC, NTPC among top gainers
Business

Markets recover: Benchmark indices close day's session with minor losses; Vedanta, ITC, NTPC among top gainers

At close, the benchmark indices recovered sharply: Sensex was down 190.10 points or 0.60 percent at 31371.12, and the Nifty was down 42.65 points or 0.46 percent at 9196.55.

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.

Domestic passenger vehicle sales drop 6.2% in January on subdued consumer demand: Industry body
Business

Domestic passenger vehicle sales drop 6.2% in January on subdued consumer demand: Industry body

Domestic passenger vehicle sales declined 6.2 percent in January as vehicle demand continued to be stressed by rising cost of ownership and slower GDP growth, automobile industry body SIAM said on Monday

Maruti Suzuki posts 2.4% rise in car sales in December on higher demand for compact models
Business

Maruti Suzuki posts 2.4% rise in car sales in December on higher demand for compact models

Maruti Suzuki India on Wednesday reported a 2.4 percent rise in car sales in the domestic market during December, as higher demand for compact models such as New WagonR offset a slump in small cars

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

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

Auto sales data debate: Why Anand Mahindra's call to industry to move to retail sales volume reporting makes good sense
Business

Auto sales data debate: Why Anand Mahindra's call to industry to move to retail sales volume reporting makes good sense

Anand Mahindra might not have put it in so many words but the car industry must have a consumer focus is the unstated message.

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

GST panel unlikely to favour tax rate cut for auto, component sectors; revenue losses major concern for govt
Business

GST panel unlikely to favour tax rate cut for auto, component sectors; revenue losses major concern for govt

The auto sector, which has been reeling from the worst slump in nearly two decades, has pushed for a lowering of tax rates at the 20 September GST panel meeting, in a bid to revive vehicle demand.

Maruti Suzuki pins hopes on festive season for demand revival; company to provide attractive offers to consumers
Business

Maruti Suzuki pins hopes on festive season for demand revival; company to provide attractive offers to consumers

The country's largest carmaker Maruti Suzuki India is pinning hopes on the festive season for a turn around in the auto industry irrespective of government help forthcoming or not, according to a senior company official

Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra
Business

Mahindra and Mahindra AGM: Cut taxes or rollback cess as auto gloom deepens, says chairman Anand Mahindra

Pitching for a lower GST or a rollback of the cess to pull the automobile industry out of the slowdown, M&M group chairman Anand Mahindra on Wednesday said that a revival of the industry would have a ripple effect on the entire economy

Auto industry seeks stimulus package from govt as sector hit by unprecedented slump in sales
Business

Auto industry seeks stimulus package from govt as sector hit by unprecedented slump in sales

Auto industry leaders on Wednesday asked the government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit by an unprecedented slump in sales

Corporate India earnings disappoint, analysts warn of gloomy festive season amid slowing economy
Business

Corporate India earnings disappoint, analysts warn of gloomy festive season amid slowing economy

India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for any festive season cheer are likely to be dashed by a slowing economy

Auto majors in slow lane; July sales see double-digit slump as consumer sentiment remained subdued
Business

Auto majors in slow lane; July sales see double-digit slump as consumer sentiment remained subdued

Continuing to face rough weather, Maruti Suzuki, Hyundai and three other auto majors reported a double-digit decline in sales in July as consumer sentiment remained subdued

Maruti Suzuki reports 33% dip in July total sales at 1,09,264 units; mini cars sales down 69.3%
Business

Maruti Suzuki reports 33% dip in July total sales at 1,09,264 units; mini cars sales down 69.3%

The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported 33.5 percent decline in total sales at 1,09,264 units in July

Auto stocks fall up to 3% after passenger vehicle sales decline for eighth consecutive month in June
Business

Auto stocks fall up to 3% after passenger vehicle sales decline for eighth consecutive month in June

Auto stocks fell up to 3 percent on Wednesday after SIAM data showed that domestic passenger vehicle (PV) sales declined for the eighth consecutive month in June

Passenger vehicle sales fall 18% in June; car sales decline 25%: SIAM data
Business

Passenger vehicle sales fall 18% in June; car sales decline 25%: SIAM data

Domestic passenger vehicle (PV) sales declined by 17.54 percent to 2,25,732 units in June from 2,73,748 units in the year-ago period

Passenger vehicle sales log steepest decline in nearly 18 years, industry seeks govt support to stimulate growth
Business

Passenger vehicle sales log steepest decline in nearly 18 years, industry seeks govt support to stimulate growth

Passenger vehicle sales in India witnessed the steepest decline in nearly 18 years, dropping by over 20 percent in May, as continued weakness in retail offtake forced manufacturers to cut production in order to adjust to market demand