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Car sales rebound in festive October, but with exceptions

Some such as Maruti Suzuki India even reported their highest-ever retail sales with a 4 per cent year-on-year (YoY) growth, while Mahindra & Mahindra reported their highest monthly sales in October for the current fiscal.

02 November 2024, 00:21 IST

Car sales rebound in festive October,
but with exceptions

Car sales rebound in festive October,
but with exceptions

Car sales rebound in festive October, but with exceptions

02 November 2024, 00:21 IST

Honda Cars sales dip 23% to 10,080 units in October

The company's domestic sales dipped 41 per cent to 5,546 units last month from 9,400 units in the year-ago period.

01 November 2024, 14:57 IST

Honda Cars sales dip 23% to 10,080 units in October

Honda Cars sales dip 23% to 10,080 units in October

Honda Cars sales dip 23% to 10,080 units in October

01 November 2024, 14:57 IST

Maruti Suzuki reports highest ever sales in October at 2,06,434 units

Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,687 units from 14,568 units in October 2023.

01 November 2024, 09:02 IST

Maruti Suzuki reports highest ever sales in October at 2,06,434 units

Maruti Suzuki reports highest ever sales in October at 2,06,434 units

Maruti Suzuki reports highest ever sales in October at 2,06,434 units

01 November 2024, 09:02 IST

Tesla's China-made Electric Vehicle sales grow 19.2% y/y in September

With the September gain, Tesla saw 12 per cent growth in China-made EV sales in the July-September period, its first quarterly rise this year.

09 October 2024, 18:15 IST

Tesla's China-made Electric Vehicle sales grow 19.2% y/y in September

Tesla's China-made Electric Vehicle sales grow 19.2% y/y in September

Tesla's China-made Electric Vehicle sales grow 19.2% y/y in September

09 October 2024, 18:15 IST

Mercedes-Benz car sales in India grew over 13% to 14,379 units in January-September 2024

The company further said the September quarter delivered over 21 per cent more cars at 5,117 units, in comparison to the corresponding quarter of the last year.

09 October 2024, 10:29 IST

Mercedes-Benz car sales in India grew over 13% to 14,379 units in January-September 2024

Mercedes-Benz car sales in India grew over 13% to 14,379 units in January-September 2024

Mercedes-Benz car sales in India grew over 13% to 14,379 units in January-September 2024

09 October 2024, 10:29 IST

India to become one of top 5 markets for Maybach brand: Mercedes

Launching the electric version of its first-ever all-electric Mercedes-Maybach in India, the company's managing director and CEO Santosh Iyer said the launch of the new car models -- Mercedes-Maybach EQS 680 SUV manifests the firm's ambition to lead in digital and electric mobility with a focus on ultra-luxury segment.

05 September 2024, 12:34 IST

India to become one of top 5 markets for Maybach brand: Mercedes

05 September 2024, 12:34 IST

Passenger vehicle shortage? Inventory levels reportedly at alarming levels

"Even with the arrival of the festive season, the market remains under significant strain due to delayed customer purchases, poor consumer sentiment and persistent heavy rains," says the FADA report.

05 September 2024, 08:12 IST

Passenger vehicle inventory levels with dealers have reached alarming levels, valued at Rs 77,800 crore: Report

Passenger vehicle inventory levels with dealers have reached alarming levels, valued at Rs 77,800 crore: Report

Passenger vehicle shortage? Inventory levels reportedly at alarming levels

05 September 2024, 08:12 IST

Indian car dealers worry about deeper discounts amid sales slump

The double-whammy of higher inventory costs and deeper discounts are a nightmare for auto dealers as that has a direct impact on their profit margins.

05 September 2024, 07:06 IST

Indian car dealers worry about deeper discounts amid sales slump

Indian car dealers worry about deeper discounts amid sales slump

Indian car dealers worry about deeper discounts amid sales slump

05 September 2024, 07:06 IST

Carmakers see drop in July sales as pent-up demand tapers

According to the Society of Indian Automobile Manufacturers (SIAM) data for the April-June 2024 period, these three automotive companies held 69% of the market share by sales (PV segment) in the car market.

01 August 2024, 22:03 IST

Carmakers see drop in July sales as pent-up demand tapers

Carmakers see drop in July sales as pent-up demand tapers

Carmakers see drop in July sales as pent-up demand tapers

01 August 2024, 22:03 IST

Maruti Suzuki profit jumps 47% to Rs 3,650 cr in April-June quarter

The average discount per vehicle rose to Rs 21,700 in the first quarter, up from Rs 14,500 in the fourth quarter of previous fiscal.

31 July 2024, 10:57 IST

Maruti Suzuki profit jumps 47% to Rs 3,650 cr in April-June quarter

Maruti Suzuki profit jumps 47% to Rs 3,650 cr in April-June quarter

Maruti Suzuki profit jumps 47% to Rs 3,650 cr in April-June quarter

31 July 2024, 10:57 IST