Car Sales

Tuesday, Apr 16, 2024 | Last Update : 10:56 AM IST

BMW losses almost $800 million as sales slide during lockdowns. (AFP Photo)

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

05 Aug 2020 4:00 PM

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

02 Jun 2020 4:16 PM

With India's flagship motor show the biennial Auto Expo round the corner, the auto sector is treating the show as the launching pad of revival.

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.

27 Dec 2019 10:57 AM

FADA President Ashish Harsharaj Kale said agriculture produce has now started trickling into the markets after the extended monsoon season, which is contributing towards the uptick in semi-urban and rural markets.

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.

11 Dec 2019 4:51 PM

Sales of commercial vehicles were down 14.98 per cent to 61,907 units in November, SIAM said. (Photo: Representational)

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.

10 Dec 2019 11:39 AM

Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, rose 7.6 per cent at 78,013 units as against 72,533 cars in November last year.

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.

01 Dec 2019 11:39 AM

Slowdown since 2Q of FY2018, owing to production decrease in Japan, in addition to slowdown in Indian automobile (is) continuing from previous year, the company said.

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.

05 Nov 2019 2:36 PM

We are cautiously optimistic. The reason why we are cautious is that we do not have a crystal ball. Many of the factors like high cost of acquisition, confusion related to BS-IV and BS-VI, issues related to finance norms and liquidity etc, continue to be there, said MSI Executive Director (Marketing & Sales) Shashank Srivastava.

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.

03 Nov 2019 5:01 PM

The last time it had posted higher sales than this was in March 2019 when it had sent 145,031 units to its dealers.

Car firms get festive boost, October sales rise

In absolute terms, this was Maruti’s highest sales in any month this fiscal.

02 Nov 2019 1:29 AM

Despite being in the negative territory, Mahindra & Mahindra managed to arrest decline in sales, posting 11 per cent dip at 49,193 units last month as compared to 55,350 units in October 2018.

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.

01 Nov 2019 4:23 PM

Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, grew 15.9 per cent to 75,094 units as against 64,789 units in October last year.

Maruti Suzuki October sales up 4.5 per cent at 1,53,435 units

The company had sold 1,46,766 units in October last year, MSI said in a statement.

01 Nov 2019 1:16 PM

As per the study by the global consumer insights and advisory services provider when it comes to sales satisfaction Hyundai ranked the highest followed by Mahindra & Mahindra and Toyota.

Indian car buyers becoming less price conscious: JD Power

As per the JD Power report, Indian car buyers are putting more emphasis on vehicle styling.

31 Oct 2019 3:21 PM

Domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018, Maruti Suzuki India added.

Maruti Suzuki reports 24 per cent dip in sales at 1,22,640 units in September

The company had sold 1,62,290 units in September last year, MSI said in a statement.

01 Oct 2019 12:09 PM

The automobile industry, India’s third largest employer, saw its worst-ever drop in sales in August, with despatches in all segments, including passenger vehicles and two-wheelers, plummeting as the sector continued to see bloodbath under an unprecedented downturn.

Car sales plummet to all-time low in August

Car sales in the local market were down 41.09 per cent to 1,15,957 units as against 1,96,847 units in August 2018.

10 Sep 2019 12:44 AM

On Sunday, major companies such as Maruti Suzuki India, Hyundai, Mahindra & Mahindra, Tata Motors and Honda reported a high double-digit de-growth in their sales in August.

Auto industry seeks immediate policy steps as sales continue to plummet

The consumer sentiment also continues to be low and there is clearly a trust deficit in lending money to the dealers.

02 Sep 2019 3:05 PM

Sales of mini cars comprising Alto and WagonR stood at 10,123 units as compared to 35,895 units in the same month last year, down 71.8 per cent.

Maruti reports 33 pc drop in Aug sales at 1,06,413 units

Domestic sales declined by 34.3 per cent at 97,061 units last month as against 1,47,700 units in August 2018, the company said.

01 Sep 2019 7:15 PM

For the ninth month in a row, the bloodbath in the automobile market continues, with sales of all vehicle segments staying in the red in July.

Car sales at 2-decade low

According to Siam in the previous downturns the sector witnessed in 2008-09 and 2013-14, at least some of the segments of the industry were growing.

14 Aug 2019 1:31 AM

Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018.

Passenger vehicle sales fall for 9 consecutive months, drop 31 pc in July

In fact, all vehicle categories witnessed decline in sales during the month.

13 Aug 2019 11:48 AM

Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018.

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

Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data by SIAM.

10 Jul 2019 12:53 PM

Domestic car sales were down 26.03 per cent to 1,47,546 units as against 1,99,479 units in May 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

Passenger vehicle sales drop 20 pc in May; car sales down 26 pc

Motorcycle sales last month declined 4.89 per cent to 11,62,373 units as against 12,22,164 units a year earlier.

11 Jun 2019 11:33 AM

1 of 4

Columns

Aakar Patel

car sales