There is helping hand for companies, as the railways may cut freight rates in a bid to boost economic growth, besides "rationalising" passenger fares
Sales of passenger vehicles were only marginally lower in November at 263,773 vehicles, compared with 266,000 vehicles last year
Overall, domestic passenger vehicle sales witnessed a marginal increase of 0.28% to 2,85,027 units in October
Major automobile manufacturers Maruti Suzuki, Hyundai, Tata Motors and Toyota Monday reported a decline in domestic passenger vehicle sales in June, continuing the prolonged slump in market due to poor consumer sentiments. Mahindra & Mahindra, however, reported a 4 per cent growth in its domestic passenger vehicles (PV) sales last month. Market leader Maruti Suzuki India (MSI) said its domestic sales during the month were down 15.3 per cent at 1,14,861 units last month compared to 1,35,662 units in June last year. Mini segment, comprising Alto and old WagonR, saw a slide of 36.2 per cent to 18,733 units as against 29,381 per cent in the year-ago month. The compact segment, which includes models such as New WagonR, Celerio, Ignis, Swift, Baleno and Dzire, clocked 62,897 units last month as compared to 71,570 units in the same month last year, down 12.1 per cent, it said. Sales of utility vehicles, including Gypsy, Ertiga, Vitara Brezza, S-Cross, were at 17,797 units in June as ...
Two-wheeler sales during the period under review rose 10.07 per cent to 1,15,69,770 units
Total two-wheeler sales in May rose 9.19 per cent to 18,50,093 units compared to 16,94,323 units in the year-ago month
Car sales in the domestic market rose by 4.8% to 1,66,630 units last month
Segment growth during April-June at 6.7%