Chip woes continue to impact sales
Automobile sales largely remained in the negative territory in November thanks to the semiconductor shortage, which continued to force production cuts. Several OEMs reported...
Global chip shortage impacts festive sales
Festive season sales, which reportedly account for 40 per cent of the annual vehicle sales in the country, have not been encouraging this year....
Most OEMs register degrowth in September
September turned out to be a discouraging month for the automotive industry with most OEMs registering de-growth in terms of sales. Reports suggested that...
Aug sales see Y-o-Y growth
Car sales witnessed an increase of 11 per cent Y-o-Y in the month of August though there was a decline of 11 per cent...
July sales become robust
With the easing of lockdowns and travel restrictions in several states, almost all the major carmakers witnessed substantially high sales in July. Besides the...
Demand outlook for tyre industry stays favourable: ICRA
The tyre industry’s demand is poised to grow at 13-15 per cent and 7-9 per cent (in tonnes) in FY2022, after two years of...
June sales see hefty growth
After battling a tough April 2021 due to lockdowns induced by the second wave of coronavirus, the automobile industry witnessed growth in sales in...
ICRA pegs tractor industry growth for FY22 at 1-4 pc
Ratings agency ICRA expects a 1-4 per cent Y-o-Y growth in domestic tractor volumes in FY2022 amid an evolving COVID-19 situation.
Even as uncertainty with...
Vehicle sales to rebound in 2021
The lockdown imposed to curb the second wave of COVID-19 and the paused economic activities in India has caused the vehicle sales to decline...
Sales more than double in March
A total of 3,20,487 passenger cars were sold in March this year compared to 1,43,014 in the corresponding month last year showing an increase...
