Festive demand lifts Nov domestic PV sales

Passenger vehicle (PV) wholesales in India increased by 4.65 per cent to 2,64,898 units in November as against 2,53,139 units in the same month last year riding on the back of festive demand, auto industry body SIAM said on Friday. Continue Reading

Coronavirus ‘infects’ Indian Auto expo and travel sector

Automobile industry body Society of Indian Automobile Manufacturers (SIAM) said all Chinese companies participating at the expo have confirmed that their exhibit area would be manned by their Indian employees. Continue Reading

Auto Expo to kickstart on 7 February

Auto Expo is slated to kick-start from 7-12 February 2020 at the India Expo Mart in Greater Noida. The inauguration ceremony of Auto Expo 2020 will be held on 6 February 2020 at India Expo Mart in Greater Noida. Continue Reading

Auto industry all set for a smooth ride in 2020?

Battered by an unprecedented slowdown, the Indian auto industry is desperately pinning hopes on the next financial year for a turnaround, banking on a host of new and upgraded models slated to make their way to the market. Continue Reading

Secondhand-car sales booming amidst automobile decline

Sales of pre-owned cars are estimated to increase to as many as 4.4 million units this fiscal from 4 million in the previous fiscal, according to used car dealer Mahindra First Choice Wheels. Online classifieds platform OLX India has an almost similar sales forecast of 4.4-4.5 million units. Continue Reading

Passenger vehicle sales decline for tenth straight month

India’s domestic passenger vehicle sales fell for the tenth straight month in August, declining 31.57 per cent to 1,96,524 units from 2,87,198 units in the year-ago period. Continue Reading

2-wheeler exports from India rise 19.5% in Apr-Jan

At a time when two-wheeler manufacturers are finding sales moving at a slow pace in the domestic market, their exports have risen by 19.49 per cent in the April-January period this fiscal, according to the latest data from auto industry body SIAM. Continue Reading