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Passenger Vehicles

No Dhamaka! Leading up to Diwali, India snubs car-buying, but there is a silver lining

No Dhamaka! Leading up to Diwali, India snubs car-buying, but there is a silver lining

Fri, Nov 09, 2018

Leading up to Diwali, domestic passenger vehicle sales rose just 1.55 per cent in October. While flat sales in top festival season is a concern, the silver lining is that this gain has snapped three months of consecutive decline.

Mahindra, Bajaj, Honda to TVS, personal vehicle sales growth witness moderate growth in H1 at 6.88%

Mahindra, Bajaj, Honda to TVS, personal vehicle sales growth witness moderate growth in H1 at 6.88%

Sat, Oct 13, 2018

Passenger vehicles (PV) sales grew at a moderate 6.88 per cent in the first half of 2018-19 hit by a slump in July-September that prompted auto makers body SIAM to take a conservative outlook for the fiscal signalling a slowdown in the sector.

Tata Motors surprises Maruti Suzuki, Hyundai

Tata Motors surprises Maruti Suzuki, Hyundai

Wed, Sep 12, 2018

Domestic passenger vehicle sales fell for a second consecutive month in August due to a high base effect from goods and services tax (GST) implementation last year and partial impact of floods in Kerala.

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Vehicle makers to see rise in capex in next 2 fiscals

Vehicle makers to see rise in capex in next 2 fiscals

Tue, Jun 19, 2018

Capital expenditure by comprising commercial vehicles (CVs), passenger vehicles (PVs) and two-wheelers is set to increase by 30% to Rs 58,000 crore over fiscals 2019 and 2020, compared with preceding two fiscals, according to ratings firm Crisil.

Toyota sees U.S. auto industry 2018 sales at 16.8 million units

Toyota sees U.S. auto industry 2018 sales at 16.8 million units

Thu, Jan 11, 2018

Toyota Motor Corp sees U.S. auto industry new vehicle sales at 16.8 million units in 2018, Jim Lentz, the Japanese automaker`s top executive in North America told Reuters on Wednesday.

Passenger vehicle sales rise 14.29% to 2,75,417 units in Nov

Passenger vehicle sales rise 14.29% to 2,75,417 units in Nov

Mon, Dec 11, 2017

Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 4.69 percent, 19.95 percent and 4.69 percent respectively in April-November 2017 over the same period last year, said the SIAM report.

Mahindra & Mahindra for expanding footprint in Rs 1,000-cr e-rickshaw market

Mahindra & Mahindra for expanding footprint in Rs 1,000-cr e-rickshaw market

Mon, Nov 20, 2017

"We have launched e-Alfa Mini in Delhi, Lucknow and today in Kolkata, to tap the e-rickshaw market. We will expand in more cities across the country. Already, we have decided to expand to 7-8 more cities," M&M VP marketing (commercial vehicles) Mahesh Kulkarni said.

Nissan's Infiniti to start producing new SUV in China next year

Nissan's Infiniti to start producing new SUV in China next year

Fri, Nov 17, 2017

Nissan Motor Co`s <7201.T> premium brand Infiniti will start producing a new crossover SUV in China next year, using existing manufacturing capacity in the northeastern city of Dalian.

Car sales down over 5% in October; passenger vehicles dip marginally

Car sales down over 5% in October; passenger vehicles dip marginally

Fri, Nov 10, 2017

Domestic passenger vehicle sales declined marginally to 2,79,837 units in October from 2,80,677 units in the same month last year.

Maruti becomes No. 1 exporter of passenger vehicles from India, Hyudai ranks 4th

Maruti becomes No. 1 exporter of passenger vehicles from India, Hyudai ranks 4th

Sun, Oct 22, 2017

Maruti Suzuki India has become the largest passenger vehicles exporter from India in the first half of the ongoing fiscal, dethroning Hyundai Motor India Ltd which has now been pushed to fourth spot behind Volkswagen and General Motors.

Maruti Suzuki’s compact cars push sales growth to 11% in September

Maruti Suzuki’s compact cars push sales growth to 11% in September

Sun, Oct 01, 2017

This growth in the passenger car segment was mainly due to the huge 44.7% growth of the compact segment of Maruti Suzuki.

August sales figures suggest worst is over for automobile industry

August sales figures suggest worst is over for automobile industry

Wed, Sep 13, 2017

While passenger vehicles have registered a 7.5% growth during the April to August in FY18, it is a little lower to 11.3% growth in the same period in FY17.

Automobile components industry to grow by 9-11%; raw material prices play spoilsport

Automobile components industry to grow by 9-11%; raw material prices play spoilsport

Sat, Sep 09, 2017

The rise in commodity prices still put pressure on automobile components in the country despite the growth.

Retail car demand remains muted in August despite wholesale sales build-up for festive season

Retail car demand remains muted in August despite wholesale sales build-up for festive season

Thu, Aug 31, 2017

While wholesale car sales are expected to rise in August due to dealerships stocking up for the festive season, retail car sales seem to be muted in the month due to pre-buying.

Tata Motors to invest Rs 4,000 crore into passenger, commercial vehicle segments

Tata Motors to invest Rs 4,000 crore into passenger, commercial vehicle segments

Mon, Aug 21, 2017

Tata Motors to invest Rs 4,000 crore into its commercial vehicle and passenger vehicle segments which will look to boost their sales in the domestic as well as export market.

Car sales rise by 15% in post-GST month of July: SIAM

Car sales rise by 15% in post-GST month of July: SIAM

Fri, Aug 11, 2017

Car sales rose by 15% on good growth in the UV segment as price cuts due to implementation of GST fuelled growth.

Hike in GST cess on larger passenger vehicles could derail demand momentum: ICRA

Hike in GST cess on larger passenger vehicles could derail demand momentum: ICRA

Wed, Aug 09, 2017

While the passenger vehicle market is expected to grow by a healthy 9-10% in India during FY18, the increase in the cess by the GST Council poses a challenge to this growth.

Mercedes calls for lower taxes on luxury cars in India

Mercedes calls for lower taxes on luxury cars in India

Sun, Jul 23, 2017

The company reasoned that "better treatment" in terms of taxation could lead to growth of luxury car segment in the country.

Maruti Suzuki dominates domestic car sales but struggles in exports

Maruti Suzuki dominates domestic car sales but struggles in exports

Tue, Jun 06, 2017

Maruti Suzuki aims to be the leading passenger vehicle exporter from India but its export sales continue to remain volatile. In 2016 it even lost its second place spot to Ford India which saw huge rise in exports.

Indian passenger vehicle market becomes fifth largest globally as volumes cross 3 million mark

Indian passenger vehicle market becomes fifth largest globally as volumes cross 3 million mark

Tue, May 02, 2017

It is expected to become third largest by next 3-4 years.

Demonetisation, BS III ban, raw material costs to play spoilsport in Q4 automobile results

Demonetisation, BS III ban, raw material costs to play spoilsport in Q4 automobile results

Sat, Apr 15, 2017

Passenger vehicles were the least impacted due to these headwinds and could post strong results in Q4.

Hatchbacks are slowly falling out of favour with Indians

Hatchbacks are slowly falling out of favour with Indians

Tue, Mar 14, 2017

Hatchbacks see a decline in sales from November onwards post demonetisation.

Ford EcoSport, Hyundai Creta, Maruti Ciaz drive sales in the Rs 8 to 10 lakh segment in January

Ford EcoSport, Hyundai Creta, Maruti Ciaz drive sales in the Rs 8 to 10 lakh segment in January

Mon, Feb 13, 2017

All three cars posted an over 20% growth in sales during the month and were leaders in the segment during January 2017.

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