China's vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors
Low base, along with rising demand, pushed up India's overall vehicle retail sales on both sequential and year-on-year basis in July 2021
Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday reported an over two-fold increase in total sales at 73,083 unit sales in July 2021
The company reported an 81 per cent year-on-year growth in total sales to 8,650 units in July 2021
Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto TVS Motor and Royal Enfield during the month dropped by 2.4%
In the broader markets, both, the BSE MidCap and SamllCap indices hit record highs of 23,342 and 27,106, respectively earlier in the trade
Analysts tracking the sector said that they expect auto sales to be strong in the second half of the financial year
The country's largest two-wheeler maker Hero MotoCorp on Sunday reported a 13 per cent dip in total sales at 454,398 units in July
Relaxation of localised lockdowns in most parts of the country led to the sequential as well as year-on-year increase in domestic auto sales volumes in June 2021
The firm is also investing on development of hydrogen fuel cell vehicles, company Chairman N Chandrasekaran said
The company said it has enhanced the Next-Gen Honda Connect platform by introducing Honda Action on Google.
Maruti Suzuki India (MSI) on Friday said its premium sales network Nexa has crossed 1.4 mn sales milestone in six years of coming into existence
China is witnessing a slump in its car sales even as demand for semiconductors and prices of raw materials have been increasing, straining the country's economic recovery and weighing on global trade
Luxury carmaker Mercedes-Benz on Thursday reported a 65 per cent growth in its retail sales in India at 4,857 units in the first half of 2021 driven by new launches and strong demand for top-end cars
The company's total auto sales more-than-doubled or rose 124 per cent YoY to 1,925 units in June 2021
MG Motor India on Thursday reported retail sales of 3,558 units in June
Farm equipment manufacturer Escorts Agri Machinery (EAM) on Thursday said its tractor sales stood at 12,533 units for June.
Bajaj Auto on Thursday reported 24 per jump in its total sales at 3,46,136 units in June 2021. The company had sold 2,78,097 units in the same month a year ago. Domestic sales in June this year were at 1,61,836 units as against 1,51,189 units, up 7 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,10,578 units, an increase of 22 per cent, as compared to 2,55,122 units sold in June last year. Total commercial vehicle sales were at 35,558 units as against 22,975 units in the same month last year, up 55 per cent, the company said. Exports in June jumped 45 per cent to 1,84,300 units as against 1,26,908 units in the corresponding month last year, it added.
Citroen has partnered with CarWale for last-mile delivery of its flagship vehicle model, the new Citroen C5 Aircross SUV
Maruti Suzuki was the top-performing index stock as it rose over 4 per cent after the company said it would be raising vehicle prices in the July-September quarter