Passenger Vehicle

Slowdown in auto industry impacts component sector too; 15% job loss after turnover growth dips

The industry body, which represents the auto components industry that alone employs around 50 lakh people, also sought clarity on policy for electrification of vehicles.

Passenger vehicle retail sales dip 4.6% in June to 2.25 lakh units: Industry body FADA

Automobile dealers' body FADA on Tuesday said retail sales of passenger vehicles (PV) in June declined by 4.6 percent to 2,24,755 units as compared to the same period last year

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

Govt should take steps to revive auto industry’s growth; keen to work with ministries for smooth shift to BS-VI: SIAM

Domestic passenger vehicle sales dropped by 17.07% in April as weak customer sentiment led by liquidity crunch, uncertainty revolving elections and high product prices hit sales.

Domestic car sales down 4.33% in February, two-wheeler sales decline 4.22%, SIAM data shows

Domestic car sales were also down 4.33 percent at 1,71,372 units as compared to 1,79,122 units in February 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM)

Sensex declines 151 points on heavy selloff in auto, bank stocks; Nifty slips below 10,900 mark

The 30-share barometer after shuttling between 36,588.41 and 36,300.48 points, finally ended at 36,395.03, down 151.45 points, or 0.41 percent.

Demonetisation: Here's how cash crunch is likely to impact various auto segments

The rural market, which has a higher propensity of cash transaction, is facing a stronger cutback in consumer spends, which impacts segments like two-wheelers and tractors