Page 5 - Automobile Sales

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TVS Motor May total sales at 302,982 units, domestic sales at 191,482 units

TVS Motor Company on Wednesday reported total sales of 3,02,982 units in May

Maruti Suzuki's total sales in May stand at 161,413 units; exports rise

The country's largest carmaker Maruti Suzuki India (MSI) said its total wholesales in May stood at 1,61,413 units

Tata Motors sales surge nearly three folds to 76,210 units in May

Tata Motors said its total sales jumped nearly three folds in May to 76,210 units

Toyota Kirloskar Motor sales jump 14-fold to 10,216 units in May

Toyota Kirloskar Motor (TKM) reported an over 14-fold increase in total vehicle sales to 10,216 units in May, as compared to the same month last year

Skoda Auto reports over six-fold increase in sales to 4,604 units in May

Skoda Auto India on Wednesday reported an over six-fold increase in sales at 4,604 units in May

MG Motor reports two-fold surge in retail sales to 4,008 units in May

MG Motor India on Wednesday reported a two-fold increase in its retail sales at 4,008 units in May

Maruti Suzuki lines up Rs 5,000 crore capex for current fiscal year

Maruti Suzuki India (MSI) has lined up Rs 5,000 crore capex for various initiatives, including new product launches, for the current financial year, according to a senior company official.

Tata Motor's Tiago crosses 400,000 cumulative sales-mark

The Mumbai-based auto major launched the model in 2016 under its impact design philosophy

Rising ownership, fuel costs subdue India's March auto sales: FADA

The overall retail sales fell to 16,19,181 units last month from 16,66,996 units sold during the corresponding month of 2021

Maruti, Hyundai see dip in March sales; TaMo, Kia post highest-ever sales

The country's leading automakers Maruti Suzuki and Hyundai Motor reported a decline in dispatches to dealers in March as shortage of electronic components impacted production. On the other hand, Tata Motors, Skoda and Kia India posted their highest ever monthly wholesales last month. Toyota Kirloskar Motor said its dispatches in March were the highest in the last five years while Mahindra & Mahindra also reported a robust increase in its passenger vehicle dispatches in March. The country's largest carmaker Maruti Suzuki India (MSI) said its domestic dispatches in March declined 7 per cent to 1,43,899 units from 1,55,417 units in the year-ago period. For the full financial year 2021-22, the company posted a total sales of 16,52,653 units, a growth of 13 per cent over 2020-21. "The shortage of electronic components had some impact on the production of vehicles in FY 2021-22. The company took all possible measures to minimise the impact. As the supply situation of electronic ...

Tata Motors to hike prices of commercial vehicles by 2-2.5% from Apr 1

Homegrown auto major Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 per cent, depending upon individual model and variant, from April 1

Automobile dispatches decline 23% as supply-side challenges continue: SIAM

Wholesale of domestic passenger vehicles, two-wheelers and three-wheelers declined 23 per cent to 1,328,027 units last month, compared with 1,735,909 units in February 2021

Rural distress, high cost subdue India's Feb retail sales: FADA

Rural distress as well as high acquisition cost subdued India's February automobile retail sales on a year-on-year (YoY) basis, FADA said.

Chip woes continue to hobble auto dispatches in Feb; TaMo, M&M buck trend

Leading carmakers Maruti Suzuki, Hyundai, Toyota and Honda witnessed a drop in vehicle dispatches to dealers last month as the global semiconductor shortage continued to impact production. Tata Motors, Mahindra & Mahindra, Skoda and MG Motor, on the other hand, reported an increase in wholesales in February as compared to the same month last year. The country's largest carmaker Maruti Suzuki India (MSI) said its domestic sales slipped 8.46 per cent to 1,40,035 units as against 1,52,983 units in February 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in the domestic market. The company took all possible measures to minimise the impact," the auto major noted. Sales of the company's mini cars, comprising Alto and S-Presso, fell 17.81 per cent to 19,691 units last month as compared to 23,959 in the same month last year. Similarly, dispatch of compact models like Swift, Celerio, Ignis, Baleno and Dzire dipped 3.38

Royal Enfield sales dip 15% in February; domestic sales decline 20%

The company had reported sales of 69,659 units in the same month last year

M&M total sales jump 89% in Feb to 54,455 units, PV sales rise 80%

Mahindra & Mahindra (M&M) on Tuesday said its total sales increased by 89 per cent to 54,455 units in February. The company's total sales stood at 28,777 units in February 2021. The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 80 per cent to 27,663 units last month as against 15,391 units in February last year, the auto major said in a statement. Commercial vehicle sales increased to 23,978 units last month as compared with 11,559 units in February 2021. The company said its exports last month stood at 2,814 units as against 1,827 units in the same month last year. "All segments showed robust growth including SUVs at 79 per cent, which registered the highest ever monthly volume. We expect demand to continue to remain strong as the Covid situation eases further. "We continue to closely monitor the semiconductor-related parts supply and take corrective action as appropriate," M&M Automotive Division CEO Veejay Nakra noted.

Hyundai Motor Feb sales fall 14% to 53,159 units, exports down 10.7%

The company had sold 61,800 units in the same month last year, Hyundai Motor India said in a statement

Nissan India Feb sales surge 57% to 6,662 units, over 4,000 nos exported

The company sold 2,456 units in the domestic market and exported 4,206 units in February

Renault launches limited edition Triber at Rs 7.2 lakh amid sales milestone

To mark the milestone, Renault India has also launched a limited edition of the Triber priced at Rs 7.24 lakh