From Hyundai Motors to Maruti Suzuki and Toyota, all major market players will be ramping up their SUV offerings, giving consumers a variety of options
Stocks to watch today: Adani Enterprises is set to enter the NSE Nifty50 index from September 30, replacing Shree Cement at the exchange; UPL promoted Mike Frank to Chief Executive Officer.
Cumulative dispatches at India's top seven passenger vehicle makers rose 30.2% year-on-year to 329,300 units from 260,450 units, shows the monthly sales data released by the companies on Thursday
Auto Sales Report July 2022: Toyota and Maruti Suzuki showed positive growth, while Kia and MG Motors shows a negative trend. Check out the Auto sales report July 2022 insights
Hyundai reported sales of 50,500 units in the domestic market (up 5.1 per cent YoY), against 48,042 units a year ago
The company had sold 1,664 units in the April-June period of 2021
June sales jumped 41.2% over a year earlier to 2.2 million after controls that shut down Shanghai and other industrial centres were eased
Maruti Suzuki dispatched 128,999 units to its dealers in June as against 128,432 units in the same period last year
Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock
Kia India on Friday reported its highest ever monthly wholesales at 24,024 units in June, registering 60 per cent jump over the year-ago period. The automaker had dispatched 15,015 units to dealers in June 2021. The company said it has crossed the one lakh sales mark in the first six months of 2022, dispatching 1,21,808 units in the domestic market. In June, Seltos and Carens remained the top contributors to Kia's overall sales with 8,388 and 7,895 units, respectively. Sonet and Carnival contributed 7,455 and 285 units. "The immense love we are getting from the people of India is the result of the strong foundation of Kia in the country, backed by extensive research and customer-centricity. "Despite the global supply chain constraints, we are still managing to achieve milestones in record time," Kia India Vice President & Head of Sales and Marketing Hardeep Singh Brar said in a statement. The company is well aware of the growing waiting period on model range and it is taking ...
Two-wheeler exports last month grew 23 per cent to 1,90,865 units as compared to 1,54,938 vehicles in the year-ago period
The company had clocked retail sales of 3,558 units in the same month last year
The central govt mopped up Rs 1.41 tr as GST collection in May, way above the FY22 average of Rs 1.23 tr. Auto sector also reported improved sales. Do these reflect a revival in Indian economy?
However, executives warn of rising inflation's impact on demand
With schools/colleges opening in June 2022, there will be improvements in the footfalls in dealerships, according to analysts.
Semiconductor shortage and high commodity prices dent margins
Hyundai Motor India on Sunday reported a 5 per cent decline in total sales at 56,201 units in April 2022.
The country's largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 6 per cent decline in total wholesales to 1,50,661 units in April.
Skoda Auto India on Sunday said its sales surged by over five-fold in April to 5,152 units compared to 961 units in the year-ago period.
MG Motor India on Sunday said its retail sales declined 22 per cent to 2,008 units last month compared to 2,565 in April 2021.