Auto
Car sales lose pace in June, SUVs stay in front
Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent-up demand. Sales rose 3.7% from a year earlier but slightly declined from May, with 340,784 units sold compared to 328,710 last year. SUVs comprised 53% of sales.
- Honda Cars sales dip 5% to 4,804 units in June
- Tata Motors domestic sales dip 8 pc in June
- TVS Mobility arm acquires Italy-based automotive components supplier
- Kia India sales surge 10 pc to 21,300 units in June
- Maruti Suzuki sales rise 12 pc to 1,79,228 units in June
- Audi India sales dip 6 pc in June quarter
- Indian carmakers post SUV-led June sales growth amid heat waves
- Mahindra sales rise 11 pc to 69,397 units in June
- JSW MG Motor India retail sales dip 9 pc in June to 4,644 units
- Toyota records highest-ever monthly sales in June at 27,474 units
- Bajaj Auto sales rise 5 pc to 3.58 lakh units in June
- Skoda Auto CEO's strategy for Indian market: Humility, learning, customer focus and a new partner
- Toyota records highest-ever monthly sales in June at 27,474 units
- Bajaj Auto sales rise 5 pc to 3.58 lakh units in June
- Skoda Auto CEO's strategy for Indian market: Humility, learning, customer focus and a new partner
- Car discounts make comeback after four long years of waiting in the auto industry
- 3,000,000 and counting: Hayabusa-inspired Maruti Suzuki Swift crosses a big milestone
- Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024
Two wheelers & three wheelers
- Bajaj Auto inaugurates its first overseas manufacturing facility in Brazil
- Hero MotoCorp to hike prices of select models by up to Rs 1,500 from July
- Auto industry body seeks cut in two-wheeler GST; SIAM suggests three-level slabs based on fuel types
- HMSI posts 45 per cent jump in domestic sales in May
- Bajaj Auto total sales flat at 3.55 lakh units in May
LCV & HCV
- Government focus on agriculture, rural income to sustain tractor demand: Swaraj Engines
- Plan to double market share in country: Volvo CE India MD
- Expect commercial vehicle volumes to witness 4-7 pc dip this fiscal: ICRA
- Ashok Leyland rolls out 'Sarathi Suraksha' policy
- Ashok Leyland to unveil 5-6 new products under LCV segment: MD
Must Watch
Auto Components
- Union Budget 2024: Incentivise capex, rationalise GST rates on EVs, components make part of ACMA's Budget wishlist
- German auto component supplier ZF Group sells 7.5% stake in its Indian subsidiary
- Minda Corp joins hands with Taiwan firm to locally produce sunroof for PVs
- Brakes India forms JV with Japanese firm for advanced braking products
- Renault, Geely create joint venture for hybrid, combustion engines
Tyres
- Global tyre makers accelerate make-in-India plans, buoyed by govt's PLI scheme
- Tyre exports from India recorded at Rs 23,073 cr in FY24
- Our tyres are now all over the world: Neeraj Kanwar
- India has sufficient domestic tyre capacity; imports must not be liberalised through free trade pacts: ATMA
- Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra
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