Car Sale

  • Maruti Suzuki India April sales decline 11 per cent to 86,196 units May 1, 2014

    New Delhi: Maruti Suzuki India, the country's largest carmaker, on Thursday reported 11.4 per cent decline in total sales in April to 86,196 units, against 97,302 units in the same month last year. The company said its domestic sales declined by 12.6 per cent during the month to 79,119 units...
  • Self-driving cars to be 9 per cent of global auto sales in 2035: Study January 1, 2014

    Detroit: Sales of vehicles able to drive themselves will account for about 9 per cent of global auto sales in about two decades, according to a forecast published on Tuesday by auto industry consultant IHS Automotive. The study focused on autonomous cars, which can drive with "no attention needed by the...
  • Maruti sales down 10.7 per cent in November December 2, 2013

    New Delhi: The country's largest carmaker Maruti Suzuki India on Monday reported 10.7 per cent decline in its total sales at 92,140 units in November as against 1,03,200 units in the same month in 2012. Domestic sales during the month stood at 85,510 units, down 5.9 per cent from...
  • Car sales up by 0.7 per cent in September: industry body October 8, 2013

    Car sales in India rose marginally in September, an industry body said on Tuesday, as demand during the ongoing festive season was tempered by high interest rates and fuel costs. Automakers sold 156,018 cars in India last month, up 0.7 per cent from a year earlier, data from the Society of...
  • Maruti production plants at Gurgaon, Manesar shut for a day today June 7, 2013

    New Delhi: Falling sales have forced the country's largest car maker Maruti Udyog to announce a one-day shutdown on Friday of its production facilities in Manesar and Gurgaon. This is the first time Maruti has shut down its diesel car production at Manesar. The company said that it needs to...
  • Maruti to shut 2 production plants for a day as diesel car sales dip June 6, 2013

    New Delhi: Falling car sales have forced Maruti Udyog to shut down its Gurgaon and Manesar plants for a day on June 7. Maruti will shut down production at the two plants as demand for diesel cars falls, said sources. This is the first time Maruti will shut down its diesel...
  • India car sales to grow 3-5 pc in FY13-14 April 10, 2013

    New Delhi: Car sales in India are forecast to grow between 3 per cent and 5 per cent in the current financial year, an industry body said on Wednesday, following the first drop in sales in a decade in 2012/13. Sales of trucks and buses are seen growing 7-9 per cent...
  • Car sales fall 7 pc in FY13, first drop in a decade April 10, 2013

    New Delhi: Car sales in India fell an annual 6.7 per cent in the financial year that ended in March, their first fall in a decade, and sales during March fell an annual 22.5 per cent, the fifth consecutive monthly slide, an industry body said on Wednesday. Automakers sold 180,675 cars...
  • Car sales in February at 12 year low, plunges by 25.7 pc March 11, 2013

    New Delhi: Car sales in India slumped an annual 25.7 per cent in February, the biggest fall in more than 12 years and the fourth consecutive monthly slide, an industry body said on Monday, as sluggish economic growth continues to weigh on demand in the once-booming market. Automakers sold 158,513 cars...
  • Car sales growth heads for a nine-year low January 9, 2013

    New Delhi: India's car sales are expected to post their weakest growth in nine years, if any at all, as automakers such as Tata Motors and Maruti Suzuki battle with falling demand due to high interest rates and rising car ownership costs. Slumping GDP growth, rising fuel prices and expensive...
  • Domestic car sales fall 12.5 per cent in December January 9, 2013

    New Delhi: Car sales in India fell 12.5 per cent year-on-year in December, the second consecutive monthly fall, as high interest rates and rising ownership costs slashed demand in a once-booming market. Automakers sold 141,083 cars in India in December, according to data released on January 9 by the Society of...
  • Car sales fall 8 per cent in November, outlook grim December 10, 2012

    New Delhi: Car sales in India slumped 8 per cent in November, dashing hopes of a sustained revival in demand, as an expected festive season boom failed to materialise in a key growth market for global carmakers. A gloomy economic growth outlook, high interest rates and rising ownership costs have curbed...
  • Maruti's November sales jump by 12 per cent December 1, 2012

    New Delhi: The country's largest car maker Maruti Suzuki India (MSI) on Saturday reported 12.45 per cent increase in its total sales at 1,03,200 units in November. The company had sold 91,772 units in November 2011, the company said in a statement. In November, MSI recorded domestic sales of 90,882...
  • Domestic car sales down by 5 pc, bikes dip by 19 pc in Sept October 10, 2012

    New Delhi: Domestic car sales declined by 5.36 per cent to 1,57,536 units in September 2012 compared to 1,66,464 units in September 2011. According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales last month fell by 18.85 per cent to 7,53,693 units, from 9,28,716...
  • Maruti to hike car prices within a week September 24, 2012

    New Delhi: Country's largest car maker Maruti Suzuki India on Monday said it will hike prices of its vehicles by within a week in order to offset impact of adverse foreign exchange fluctuation and rising input costs. "There is a lot of pressure on our margins due to the foreign exchange...
  • Car sales may miss 2012-13 growth forecast: SIAM September 10, 2012

    New Delhi: With domestic car sales posting the biggest drop in 10 months in August by 18.56 per cent, industry body SIAM on Monday said its forecast of registering a growth of 9-11 per cent in the 2012-13 fiscal is unlikely to be met. While the August car sales stood at...
  • Maruti's Aug sales skid, Hyundai, Tata see growth September 1, 2012

    New Delhi: Domestic car sales of Maruti Suzuki India declined by 35 per cent in August, hit by a month-long lockout at its Manesar plant, but the other two main players, Hyundai and Tata Motors posted positive growth during the month amid tough market conditions. Other manufacturers, Mahindra & Mahindra, Toyota...
  • Maruti Suzuki sales down by 5 pc in May June 1, 2012

    New Delhi: The country's largest carmaker Maruti Suzuki on Friday reported 4.99 per cent fall in total sales at 98,884 units for May. The company had sold 1,04,073 units in the same month last year, Maruti Suzuki India said in a statement. In May, MSI recorded domestic sales at 89,478 units,...
  • Car makers await banks to cut interest on car loans April 17, 2012

    New Delhi: Car makers are hoping that bank will reduce interest rates on car loans following the RBI's cut on lending rates as the industry looks forward to overcome slow growth witnessed last fiscal. Describing RBI's cut in short term lending rate by 0.50 per cent to 8 per cent as...
  • Car sales up 2.2 pct in FY12, crash to 3-year low April 10, 2012

    New Delhi: Car sales in India rose just 2.2 percent in the fiscal year that ended in March, a year to forget for automakers marked by demand-smothering high interest rates and rising fuel costs, but are seen posting double-digit growth this year. Sales rose an annual 19.7 percent in March, a...
  • Car sales down 24 per cent in October November 9, 2011

    New Delhi: Car sales in India registered their steepest monthly decline in over 10 years in October, tanking by 23.77 per cent on account of a huge drop in output by the country's largest car-maker Maruti Suzuki due to labour trouble, coupled with high interest rates and fuel prices. According to...
  • Tata Motors global sales down 6 pc in July August 16, 2011

    New Delhi: Tata Motors on Tuesday said its global sales stood at 85,392 units in July, down six per cent as compared to the same month last year. Sales of luxury brands from Jaguar Land Rover were flat at 19,119 vehicles in July, Tata Motors said in a statement. ...
  • Car sales down 16 per cent in July November 29, 2011

    New Delhi: Car sales in India fell 15.8 percent in July, an industry body said, as higher interest rates, rising fuel prices and vehicle costs crimped demand in the world's second-fastest growing major auto market. Indian automakers sold 133,747 cars in July, according to data from the Society of Indian Automobile...
  • India records highest car sales in May June 9, 2010

    New Delhi: Car sales in India posted their best May ever, rising by almost a third from a year ago, an industry body said on Wednesday, as rising incomes and a rapidly expanding economy offset the impact of price increases. Demand is likely to remain strong in the near-term on a...
  • What recession? Demand for cars outstrips supply October 2, 2009

    New Delhi: While there is a lot talk in the market about recession hitting consumer drives to buy big items, the reality on car-showroom floors begs to differ. The top end cars like the Fortuner in the SUV category are simply not available for outright purchases off show rooms. The...
  • Car sales rise 7th month, more steam left September 8, 2009

    New Delhi: Car sales in India raced an annual 26 per cent in August, rising for a seventh month, and demand is seen picking up in October when annual bonuses are paid in much of the country. The government is also set to give out 180 billion rupees ($3.7 billion) in...
  • Monsoon fury could impact car sales in July July 6, 2007

    New Delhi: The Indian automobile industry is already witnessing a slowdown in demand in the wake of rising interest rates. The industry now could face another blow with floods in many parts of the country likely to have an impact on sales. "In the short term there is likely to...
  • Car, bike sales see huge 'Navratra' boom October 10, 2006

    New Delhi: Car sales in the domestic market overcame sluggish demand in the inauspicious 'shradh' period and grew a healthy 22.4 per cent in September this year at 94,734 units against 77,384 units in the same month last year. Led by the upsurge in the auspicious 'Navratra' period that began on...