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CAR DEALERSHIPS FOOTFALLS
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- 'One car selling every 2 seconds': Forget sub-4 metre, sub-Rs 10 lakh cars are now India’s new hot sellersLower GST rates and strong festive cheer boosted sales of cars under ₹10 lakh to record levels. This segment, including small cars and comp...
- GST 2.0: Festive auto rush starts with record deliveriesLeading automakers such as Maruti Suzuki, Hyundai, Tata Motors, and Hero MotoCorp, who have sweetened the GST benefits with their own price...
- Car dealerships see increased footfalls as buyers queue up for dream machines at low costAutomotive dealers in India experienced a surge in customer footfalls due to the new GST regime, leading to lower prices and increased dema...
- Car sales skid for 4th month in a row ahead of tax giftsCar sales in India experienced a decline for the fourth consecutive month in August, primarily due to automakers adjusting dispatches in an...
- Auto sales decline in August for second straight monthPassenger vehicle sales in India declined for the second consecutive month in August due to a high base and manufacturers reducing dispatch...
- Auto dealers' body expects array of vehicle launches ahead of festival seasonIn an interaction with PTI, Gulati said this time the demand is "too good", except for the non-electric two-wheeler segment which remains t...
- Showroom walk-ins few and far between, auto buying goes onlineWhile showroom walk-ins have been negligible, online enquiries have boomed. Most of the buying process has shifted online, from sending quo...
- April auto retail sales hit lowest in eight monthsNearly 45-50% of automobile dealerships are shut as states impose lockdown restrictions
- Mahindra Finance Q2 results: Net profit jumps 34% to Rs 353 crTotal income increased 5 per cent to Rs 3,071 crore during July-September quarter of 2020-21 as against Rs 2,936 crore in the same period o...
- Mercedes sold 5 cars online every day on average between June-AugustOver half of these vehicles were delivered directly to customers’ houses while the remaining buyers visited the showroom to take possession...
- Audi India business back on track, sees heightened demand in festive season"As we have moved out of this pandemic in terms of business, of course, the number of cases is still growing, but by and large the business...
- Volkswagen, BMW, Mercedes take online sales route amid coronavirus pandemicA car can be purchased using digital tools that cover everything, from payment to services.
- Auto sector in slide mode: Sales dip across categories as sentiment stays weakFootfalls at dealerships had also started to decline, suggesting extremely weak consumer sentiment.
- Hyundai's full electric SUV Kona gets 120 bookings in 10 daysHMIL National Sales Head Vikas Jain said the confirmed 120 orders for the long range electric SUV in just 10 days of its launch.
- Auto sales feel cash crunch heatThere are serious shortterm challenges in terms of lower footfalls and conversions at showrooms, said Rakesh Srivastava, senior VP at Hyund...
- Post demonetisation, auto industry fears 30% drop in November retail salesThe situation is worse in the second-hand market and for service stations, where most of the transactions are in cash.
- White goods, car cos feel heat as EMIs go upRipples of a slowdown are being felt on the ground as dealers of durables and cars, two crucial consumer segments, report fall in enquiries...
- RIL keen to add wheels to retail taleRetail biggie Reliance pushing automakers to sell vehicles through its various retail formats.
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