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Passenger vehicle wholesales up 8.4% to 42 lakh units in FY24: Industry body

Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in the financial year 2022-23.

India , Passenger-vehicle , Assenger-vehicle-sales , Wo-wheeler-sales , Iam , Iam-sales , Iam-data , Iam-news ,

Electric dream spurs growth but why is India's auto industry bracing for a challenge?

There are a few worry factors compounding the whole scenario

India , Manish-raj-singhania , Centre-for-monitoring-indian-economy , Federation-of-automobile-dealers-association , Monitoring-indian-economy , Automobile-dealers-association , Auto-sales , Uv-sales , Utomobile-sales , Lectric-vehicles , V-sales , Wo-wheeler-sales

Indians' Love For Cars, Two-Wheelers Propel Motor Vehicle Sales By 10% In FY2023-24 | Auto News

In FY2023-24, the retail sales of motor vehicles soared to 2,45,30,334 units, marking a substantial rise from the 2,22,41,361 units sold in FY2022-23.

India , Federation-of-automobile-dealers-association , Automobile-dealers-association , Vehicle-sales , Wo-wheeler-sales , Assenger-vehicles , Hree-wheelers , V-sales ,

Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers, ET Auto

Vehicle registrations in India reached 2,127,653 units last month, marking a significant increase compared to the same period last year, according to the Federation of Automobile Dealers Association (FADA). Two-wheeler sales grew by 15%, driven by the rural market, while passenger vehicle sales reached an all-time high. However, high inventory levels and potential caution from consumers due to upcoming elections could pose challenges for auto dealers.

Manish-raj-singhania , Federation-of-automobile-dealers-association , Automobile-dealers-association , Original-equipment-manufacturer , Vehicle-registration , Ar-sales , Uto-sales , Ada-data , Ar-offers , Wo-wheeler-sales , Hree-wheeler-sales ,

MRF Q3 profit jumps three-fold on uptick in two-wheeler sales, ET Auto

MRF, the country's top tyre maker and the most expensive stock, said its profit from continuing operations for the three months ended Dec. 31 rose to 5.08 billion rupees (around USD 61 mln) from 1.69 billion rupees.

Mrf , Cici-securities , Eat , Yre-maker , 3-profit , Wo-wheeler-sales , Yre-industry ,

Electric two-wheeler sales surge in January 2024, setting stage for record fiscal year, ET Auto

Electric Two-wheeler Sales: If this momentum continues into the remaining two months of the fiscal year or accelerates in March, the electric two-wheeler industry could achieve a record-breaking total of around 850,000 units for the entire fiscal year 2024.

New-delhi , Delhi , India , Nepal , Bajaj-auto , Ather-energy , Motor-co , Original-equipment-manufacturers , Ola-electric , Hero-motocorp , Greaves-electric-mobility

Unfulfilled dreams: How Indian consumers left manufacturers high and dry in 2023

In the automobile sector, sales of mid-to-premium end of the four and two-wheelers remained stable. But the sales number of entry-level passenger cars and affordable category two-wheelers indicate some serious issues.

Mumbai , Maharashtra , India , Ukraine , Hindustan , India-general- , Manish-raj-singhania , Federation-of-automobile-dealers-associations , Hindustan-unilever , Nestle-india , Dabur-india , Maruti-suzuki

From waiting to discounting: Why are PV dealers concerned?, Auto News, ET Auto

Car Discounts: With significant improvement in supplies, OEMs and dealers stocked up to make the best of the sales during the festive season this year. Experts suggest this is also the time when slow moving models can be sold with festive discounts. Now, since the second half of November there has been a usual post-festive slowdown in demand and bookings. However, the concern occurs as the average PV inventory at the dealerships ranges around 60 days.

New-delhi , Delhi , India , Manish-raj-singhania , Toyota-hyryder , Federation-of-automobile-dealers-association , Automobile-dealers-association , Car-discounts , Assenger-vehicles , Uv-sales , Ar-sales , Ovember-auto-sales

Auto Wholesales in Nov: PV dispatches at record, 2W sales grow in double-digits, ET Auto

November 2023 Auto Sales: This year the festive season, which accounts for about 28% of the total annual sales of the industry, concluded in November as against the month of October during the last year.

India , New-delhi , Delhi , Shashank-srivastava , Bhai-dooj , Tarun-garg , Maruti-suzuki , Hyundai , Mahindra , Tata-motors , Bajaj-auto , Automotive-division

Tvs Motors: TVS Motor sales grow 31% in November 2023 to 364,231 units, ET Auto

Tvs Motors: Domestic two-wheeler registered growth of 50% with sales increasing from 191,730 units in November 2022 to 287,017 units inNovember 2023, the company said.

Motor-company , Tvs-motors , Ovember-2023-auto-sales , Vs-motor-company , Wo-wheelers , Ales , Wo-wheeler-sales ,