Page 17 - Auto Sales

China's auto sales dip for 14th time in 15 months amid economic slowdown

Automakers reeling from the industry's longest downturn in three decades continue to face headwinds

Auto industry may have to wait longer for GST cut on cars from 28% to 18%

Will be a political call now; state finance ministers to decide on September 20

Long haul for investors

Every indicator suggests the growth recession could continue for several quarters

Motown crisis: Spectre of job losses hangs over Gurugram, Manesar auto belt

More than a dozen factories have shut shop in past one year and job losses are estimated to be between 30,000 and 50,000

Motown crisis: Contract workers bear the brunt of slowdown in auto sector

The second of a three-part series on auto sector crisis talks of how some allege that layoffs are to put pressure on the Centre to reduce GST

Auto sales in August to be 'far worse' than July, analysts expect 30% fall

At present, the sector has been impacted by a consumption slowdown which is a culmination of several factors like high GST rates, farm distress, stagnant wages and liquidity constraints

Nothing much in stimulus to make consumers happy, say carmakers

Auto sales in India have been falling for nine straight months

Slow down blues: Auto industries banking on new launches to revive demand

As of now, carmakers introduced 12 new models in the last four months, while pulling out old ones. Here's the list of new cars:

Commercial vehicle makers to gain the most from FM Sitharaman's measures

Tata Motors, Ashok Leyland key gainers; infra boost, consumption uptick needed for trend reversal

Maruti Suzuki India cuts temporary workforce by 6% as sales plummet

Maruti Suzuki, which produces about one in two of the passenger vehicles sold in the country, yesterday reported a 33.5% decline in sales in July to 109,265 vehicles compared with July 2018

Auto sales in July fall for 9th consecutive month due to poor demand

Cumulative sales of India's top five manufacturers of passenger vehicles dropped by 30.6% to 172,992 units over July last year

Sales slumps in India, China clobber automakers banking on Asia for growth

The slump is exacerbating problems of excess capacity, with factory utilisation rates at China plants for many automakers estimated below break-even point

Auto sales skid 10 months on the trot, new vehicle registrations down 5.4%

Industry cites tight liquidity, dealyed monsoon; dealer inventories brought down with some help from manufacturers

Domestic auto sales skid 12% in June, no immediate respite likely

The pain for automobile firms is unlikely to ease any time soon as weak rural demand and a delayed monsoon weigh on buyer sentiment

Two-wheeler sales continue downhill journey in May due to liquidity crunch

Bajaj Auto was the only company in the mass segment that bucked the slowing trend

Auto dealers see no quick recovery in slowdown, pin hope on stable govt

Liquidity crisis, weak sales have increased inventory for dealers, says date released by dealers association.

Q4 show hit by dull auto sales, no near-term relief seen for Kansai Nerolac

Analysts slash earnings estimates for FY20 and FY21; dismal demand in key segment may limit firm's pricing power

Maruti's April sales drop worst in seven years, Hyundai's skids 10%

Auto companies are bracing for tougher months ahead as stricter regulations and tepid sentiment are likely to affect sales

Auto sales to pick up in second half of FY20 on BS-VI rollout: Ind-Ra

The commercial vehicle (CV) segment, which has grown 23 per cent in the ten months of 2018-19, is expected to see high single-digit to low double-digit growth in 2019-20

Retail finance availability weighs on sentiments, dents January auto sales

Tata Motors which saw a 11% decline in its passenger vehicles sales was one of the worst performers