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Auto retails grow 21% in Dec 2023; CY2023 growth at 11%; outlook remains positive: FADA, ET Auto - Vimarsana News

Auto retails grow 21% in Dec 2023; CY2023 growth at 11%; outlook remains positive: FADA, ET Auto

Auto Retail: In December 2023 categories closed in green, with 2W, 3W, PV, Trac and CV growing on a YoY basis by 28%, 36%, 3%, 0.2% and 1.3% respectively. CY'23 ended with double-digit growth as total retails increased by 11% YoY. All categories closed in green, with 2W, 3W, PV, Trac and CV growing on a YoY basis by 9.5%, 58.5%, 11%, 7% and 8% respectively, according to FADA.

Turners Automotive Group Limited (ASX:TRA) Declares Interim Dividend of $0.06 - Vimarsana News

Turners Automotive Group Limited (ASX:TRA) Declares Interim Dividend of $0.06

Turners Automotive Group Limited (ASX:TRA – Get Free Report) announced a interim dividend on Tuesday, January 2nd, MarketIndexAU reports. Stockholders of record on Thursday, January 25th will be given a dividend of 0.055 per share on Thursday, January 25th. This represents a dividend yield of 1.36%. The ex-dividend date is Sunday, January 7th. Turners Automotive […]

The Presidio Group Partners With NCM Associates, Launches New Quarterly Report Revealing Average Dealership Financial Data - Vimarsana News

The Presidio Group Partners With NCM Associates, Launches New Quarterly Report Revealing Average Dealership Financial Data

Cornerstones of Presidio’s new quarterly publication include Presidio-NCM Average Dealership Performance Trends report, plus first-time national dealer survey

India's auto sales jump 20% in September, 2-wheelers' new feat shows turnaround for rural markets - Vimarsana News

India's auto sales jump 20% in September, 2-wheelers' new feat shows turnaround for rural markets

India's overall auto sales in September increased by 20% compared to the previous year. The two-wheeler and three-wheeler categories also saw new records. The 2W category had a 22% increase, while the 3W category had a 49% increase. However, tractor sales decreased by 10%. The sales growth is attributed to the upcoming festive season, the introduction of new models, attractive promotional offers, and increased demand in rural areas. This positive trend is seen as a potential turnaround in the rural market.

India Auto Sales: India's auto sales jump 20% in September, 2-wheelers' new feat shows turnaround for rural markets, ET Auto - Vimarsana News

India Auto Sales: India's auto sales jump 20% in September, 2-wheelers' new feat shows turnaround for rural markets, ET Auto

India Auto Sales: "September's Auto Retail celebrated a 20% YoY leap, continuing the momentum from the previous month while marking a 3.5% MoM increase, seamlessly transitioning into the festive period's sweet spot set to unfold over the next 42 days," said FADA President Manish Raj Singhania.