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Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...- India's EV penetration crosses 11% for first time as auto retail sales hit record in MayIndia's auto sales reached a record in May, growing 9.55 percent. Electric vehicle penetration surpassed 11 percent for the first time. Dea...
- 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...
- EV sales in fast lane but Motown treads the middle pathIndian carmakers are not betting on electric vehicles alone. They are developing a mix of petrol, diesel, hybrid, CNG, and flex-fuel option...
- BYD eyes Canadian EV market as new trade deal opens doors for Chinese automakers, but federal rebate eligibility raises key questions for buyersBYD is set to enter the Canadian electric vehicle market following a new trade deal that reduced tariffs on Chinese-made EVs. The automaker...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Auto sales jump 13% to 2.61 million units on strong demand tailwindsVehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle cat...
- EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantageElectric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its string...
- Jaguar Land Rover ordered to refund Rs 1.65 crore, panel slams 'deceptive' speed claims, chassis 'surgery'Jaguar Land Rover India must refund 1.65 crore rupees to a Roorkee firm. The company's flagship SUV had manufacturing defects and unauthori...
- Fuel price concerns drive EV demand, share in new car sales up at 5.1% in MarchIndian car buyers are shifting towards electric vehicles. Concerns over fuel availability and price hikes due to the West Asia conflict are...
- Local wheels ride smooth on country roads as Indian carmakers overtake foreign rivalsIndian car manufacturers are gaining ground in the domestic market. Tata Motors and Mahindra & Mahindra have seen their market share rise s...
- FADA delegation meets Gadkari; seeks 18 pc GST on entry-level two-wheelersFADA has sought GST reduction on entry-level two-wheelers to 18 per cent from 28 per cent currently. A delegation of FADA submitted a lette...
- FADA seeks legislation to safeguard interests of automotive dealersFADA has sought a legislation to specifically look into the OEM-dealer issues in the wake of several foreign companies shutting operations ...
- April auto retail sales hit lowest in eight monthsNearly 45-50% of automobile dealerships are shut as states impose lockdown restrictions
- Auto dealers expect demand to fall further amid local curbsSeveral dealers ET spoke to said walk-ins in markets that were open had also dropped by 35% in the passenger vehicle segment and 75% in two...
- Auto companies suffer 20% decline in bookings amid rising casesThere is no sale in Maharashtra – which accounts for 10% of all automobiles sold in the country – due to a partial shutdown till month end.
- Government brings vehicle trade, repair under MSME development actThe ministry of micro, small and medium enterprises (MSME) approved the decision on Thursday, several people aware of the matter said. The ...
- Automobile retailers' lobby group seeks relief measures from PMThe suggested support measures include complete waiver of interest on all categories of loans taken by dealers, 4% interest subsidy for nin...
- Banks go slow on lending to auto dealersExperts estimate the total outstanding loans to automobile dealers to be in the range of Rs 70,000-80,000 crore.
- Auto sales in Japan dive 32 pc in Feb year-on-yearNew automobile sales in Japan plunged 32.4 per cent last month from a year earlier in the face of a severe recession in Asia's largest econ...
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