Auto Retail Sales Witness 32% YoY Growth In Oct: Data
The passenger vehicle (PV) segment also recorded a strong performance, with sales increasing by 32 per cent year-on-year (YoY)
News
Retail
Indian Auto Retail Surges 13% In February: FADA
- by BW Retail World Bureau
- March 7, 2024
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 […]
Brands
Companies
News
Tata Motors To Demerge Into Two Separate Listed Companies
- by BW Retail World Bureau
- March 5, 2024
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 […]
National
News
Retail
India Auto Retail Sales Increases 15% In January But High Inventory Remains A Concern
- by BW Retail World Bureau
- February 13, 2024
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 […]
Brands
Companies
News
Tata Motors Hikes Passenger Vehicle Prices, Effective 1 February
- by BW Retail World Bureau
- January 22, 2024
Tata Motors on Sunday stated that it will increase the price of all passenger vehicles, including electric vehicles (EVs), by 0.7 per cent. The price increase will take effect on 1 February 2024 to partially cover hikes in input prices, according to a release. “This increase will be effective February 1, 2024 and is being taken to partially […]
Brands
Companies
News
Tata Motors Posts YoY Sales Increase In December
- by BW Retail World Bureau
- January 3, 2024
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, […]
News
Festive Vehicle Sales Boom: Auto Retail Surges 19% During 42-Day Period
- by BW Retail World Bureau
- November 29, 2023
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 […]
News
Passenger Vehicles Reports Highest Ever Sales Of October: SIAM
- by BW Retail World Bureau
- November 11, 2023
The Society of Indian Automobile Manufacturers (SIAM) reported a surge in the Indian automotive industry’s performance in October 2023. The monthly data reveals figures across the various segments. Passenger vehicles sold 3,89,714 units, representing a 15.9 per cent increase over 3,36,330 units sold in October previous year. Three Wheeler segment witnessed a 42.1 per cent […]
National
News
Passenger Vehicle Sales In India Surge 9.40% In August 2023
- by BW Retail World Bureau
- September 12, 2023
The Society of Indian Automobile Manufacturers (SIAM) has revealed that August 2023 witnessed achievements in the Indian automotive industry, with the highest-ever year-on-year monthly sales for Passenger Vehicles and Three-wheelers. The announcement was made by SIAM during the release of the monthly sales data for August 2023. Highest-ever passenger vehicle sales reported. This growth reflects the resilience […]
News
Retail
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 […]