Attractive Discounts Drive Auto Retail Sector’s Growth This Festive Season: Report
The two-wheeler retail sales witnessed a 14 per cent growth, with dealers registering a rise in bookings and footfalls
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FMCG, Retail, Mall Operators Report Weaker Results In Q2 Earnings: Report
- by BW Retail World Bureau
- November 11, 2024
Many consumer durable companies missed estimates due to a combination of weak demand, high raw material prices, and increased spending on advertising
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Auto Retail Witnesses 11% YoY Increase In CY’23 Across All Segments: FADA
- by BW Retail World Bureau
- January 8, 2024
FADA reveals the vehicle retail data for December 2023 and the anticipated automotive sector performance in 2024, segment-wise. In the 2W category, key drivers included an abundance of marriage dates and the distribution of harvest payments to farmers, which enhanced purchasing power. Additionally, the availability of a wide range of models and variants, coupled with […]
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Hyundai & Kia Predicts Sales Growth In 2024, Eying EV Boost
- by BW Retail World Bureau
- January 4, 2024
South Korea’s Hyundai Motor Co and affiliate Kia Corp forecast on Wednesday that their combined global sales will rise about 2 per cent in 2024, even as last year’s sales fell short of target. The duo sold 7.3 million vehicles in 2023, about 3 per cent less than their combined target of 7.52 million, largely […]
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Auto Retail Sales In India Grows 10% YoY In July
- by BW Retail World Bureau
- August 8, 2023
Auto retail sales in July maintained a steady 10 per cent year-on-year (YoY) growth, mirroring the previous month, said the Federation of Automobile Dealers Associations on Monday. However, the MoM decline continued highlighting short-term slowdowns. According to FADA, all vehicle categories recorded positive figures: Two-Wheelers (2W) at 8 per cent, Three-Wheelers (3W) at 74 per […]
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Maruti Suzuki India To Double Production Capacity To 4 Mn Units In 9 years
- by BW Retail World Bureau
- August 7, 2023
Maruti Suzuki India plans to double its production capacity to four million (40 lakhs) units in nine years from now, said Chairman RC Bhargava, hinting at what could be said to be the start of ‘Maruti 3.0’. Addressing shareholders in the company’s annual report for 2022-23, Bhargava said the company will, as soon as possible, […]