BMW records first loss since 2009 as pandemic hits sales
The company reported an operating loss of 666 million euros, compared with an operating profit of 2.1 billion euros in 2019
Carmakers tie-up with banks to offer low interest rate schemes to attract customers
So far, at least Maruti Suzuki, Hyundai and Mercedes Benz have launched such schemes, according to press releases over the past week
Auto industry drives into 2020 with hope after a forgettable 2019
The industry hopes that the economy would finally come out of the slump, drawing people back to the showrooms.
Passenger vehicle retail sales up 1 per cent in November: FADA
Total sales across categories rose 2 per cent to 21,05,508 units in November as against 20,54,296 units in the same month last year.
Passenger vehicle sales decline marginally in November
Domestic car sales were down 10.83 per cent to 1,60,306 units as against 1,79,783 units in November 2018, according to data.
Maruti reports 1.9 per cent dip in sales at 1,50,630 units in November
The company had sold 1,53,539 units in November 2018, Maruti Suzuki India said in a statement.
Suzuki Motor Corp Q2 operating profit down 32 pc as India, Japan sales slump
Net sales in the period under review stood at 847.9 billion yen as against 941.9 billion yen in the year-ago period.
Maruti Suzuki 'cautiously optimistic' over sales prospect in coming months
Maruti Suzuki said it would take at least few more months to get clarity if the industry is finally on a revival path.
Car firms get festive boost, October sales rise
In absolute terms, this was Maruti’s highest sales in any month this fiscal.
Maruti posts positive domestic sales; Mahindra, Toyota improve performance in Oct
This is the first time in the last seven months that Maruti Suzuki has seen an increase in its domestic sales.