On Thursday, the Federation of Automobile Dealers Associations released Vehicle Retail Data for February 2024. According to the FADA data, Indian Auto Retail experienced a robust 13 per cent growth in February 2024 across all vehicle categories. 2 Wheeler, 3 Wheeler, PV, Tractors and CV sectors registered growth rates of 13 per cent, 24 per […]
Tata Motors (TML) will demerge into two separate listed companies housing the Commercial Vehicles business and its related investments in one entity and the Passenger Vehicles businesses including PV, EV, JLR and its related investments in another entity. The demerger will be implemented through an NCLT scheme of arrangement and all shareholders of Tata Motors […]
Retail vehicle sales across India saw strong growth across all vehicle categories this January, with the overall market expanding by 15 per cent. Two-wheelers (2W) sales grew 15 per cent, followed by three-wheelers (3W) at 37 per cent, passenger vehicles (PV) at 13 per cent, tractors at 21 per cent and commercial vehicles (CV) at […]
Tata Motors noted a 4 per cent year-on-year (YoY) surge in its total domestic sales for December 2023, reaching 76,138 units compared to 72,997 units in the same month of the previous year. The Mumbai-based automotive giant also reported a marginal increase in its overall sales during the third quarter of the current financial year, […]
Bajaj in December 2023, witnessed a surge in domestic sales by 28.49 per cent, reaching 1,90,919 units, while exports experienced a 2.22 per cent increase, totaling 1,35,887 units compared to December 2022. During this period, the company sold 2,83,001 units of 2-wheelers, marking a 14.55 per cent YoY increase, and 43,805 units of commercial vehicles, […]
Vehicle retail data during the 42-day festive period of FY2023 increased 19 per cent to Rs 37.95 lakh, according to the FADA’s recent data. “During the 42-day festive period of FY2023 (which starts on 1st day of Navratri and ends 15 days post Dhanteras), we reached a new milestone with vehicle sales climbing to 37.93 […]
Indian automaker Tata Motors said on Monday that it will raise the prices of its commercial vehicles by up to 3 per cent, its third hike this calendar year to offset the residual impact of past input costs. The price hike, effective from 1 October, will be applicable across its range of commercial vehicles, the […]
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 […]
