Sales of commercial vehicles moved up 7.34 per cent to 66,939 units in February, SIAM said
GM sales gained 4.2%, Ford sales declined 4% and Nissan sales gained 3.5%
The note ban impact was seen more on companies that have major exposure to motorcycle sales
Wholesale volumes had declined 1.3% in December
Industry volume declines 2-3% in December
Motorcycle sales last month declined 10.21 per cent to 7,78,178 units, from 8,66,696 a year earlier
Total passenger vehicle sales were up 19.92% at 2,78,428 units in September, as against 2,32,170 a year ago
Siam Director General said that considering marker sentiment, auto industry is set for one of the best festive seasons in about 3-4 years
10% decline at Maruti pulls down growth
Passenger vehicle sales growth moderates to 7%; growth limited to a few players
According to sources, the major impact will be on Mahindra and Toyota, and on luxury cars
While total two-wheeler sales in April rose 21.23% to 15,60,339 units
Vehicle sales across categories registered an increase of 20.04 per cent to 19,00,879 units from 15,83,582 units in April.
Lowers forecast for passenger vehicle segment in FY17 to 6-8%
New launches, lower cost of ownership fuelled this; FY17 likely to be tougher
However, Motorcycle sales last month jumped 11.05% to 8,59,624 units, from 7,74,122 a year earlier