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Latest Articles in auto sales
Majority Of Consumers Postponing Decision To Buy Vehicle Due To COVID-19: Report
With electric vehicles (EV) gaining traction in India, 40 per cent of two-wheeler (2W) customers are willing to buy an EV this year, a slight increase from 2021
Read MoreAuto Sales Woes Continue: FADA
Due to rural distress and high cost of ownership, the two-wheeler category continues to struggle said an official release by the Federation of Automobile Dealers Associations (FADA).
Read MoreChip Shortage Pulls Down Overall Auto Retail Sales In September
As per automobile dealers’ body FADA, total retail sales last month stood at 12,96,257 units, down 5.27 per cent, from 13,68,307 units in September 2020.
Read MorePassenger Vehicle Retail Sales Increase 39% In August: FADA
According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 1,82,651 units in August 2020.
Read MoreApril Auto Sales Show Impact Of Lockdowns: Report
The commercial segment was the worst hit and lagged the registrations, indicating low channel inventory now, while tractor sales have also declined sequentially hinting at the pandemic impact in the hinterlands
Read MoreAuto Sales To Remain Under Pressure, Recovery To Start From Q2 This Fiscal: Emkay Global
The positive view on the automobile sector is underpinned by expectations of a strong cyclical upturn, which is expected to last at least three years
Read MoreAuto Sales Sustain The Growth Momentum In October’20
According to the Society of Indian Automobile Manufacturers (SIAM), the month of October witnessed 35.64 per cent growth in total domestic sales compared to the same month, last year
Read MoreAuto Startups Chasing Tesla Race Past Red Flags To Go Public
Fisker Inc boasts an "asset light" business model that is heavily dependent on using partners both for a vehicle platform and a manufacturing plant - neither of which were locked in before it announced its SPAC deal in July.
Read MoreIndia Passenger Vehicle Sales Up 14% In August
Indians bought a total of 215,916 cars, utility vehicles and vans in August, compared with 189,129 a year earlier
Read MoreChina Auto Sales Surge In July, Log Fourth Straight Month Of Gains
Sales rose to 2.11 million vehicles in July but are still down 12.7% for the year to date at 12.37 million vehicles
Read MoreIndia's Auto Sales To Take 3-4 Years To Return To Peak Levels
India went into lockdown in late March to prevent the spread of the novel coronavirus, forcing automakers to suspend manufacturing. While production has resumed, with restrictions, plant utilisation levels are low at 20%-30%.
Read MoreIndia's Auto Sales Tank In June, Hit By Lockdowns - Industry Body
Passenger car sales fell 58% to 55,497 in June from a year ago, while sales of two wheelers - widely seen as an indicator of the health of the rural economy - fell 39%
Read MoreChina Auto Sales Rise 11.6% In June, Up For Third Straight Month
Sales of commercial vehicles, which include trucks, vans and buses, outpaced the overall auto market with a 63.1% jump in sales to 536,000 units in June.
Read MoreGerman Exports Rebound In May As End Of Lockdown Revives Demand
Imports rose by 3.5% after a slump of 16.6% the previous month.
Read MoreChina Auto Sales Mark First Gain In Almost Two Years As Virus Curbs Ease
Auto sales in April hit 2.07 million units in the world's biggest car market, up 4.4% from a year earlier, according to data from the China Association of Automobile Manufacturers (CAAM)
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