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UNSOLD CARS IN INDIA
SUV sales a bright spot in Indian carmakers' October dispatches to dealersTop Indian carmakers saw a significant rise in SUV sales in October, driven by festive demand, but small-car sales remained weak. Maruti Su...
Tata Motors cuts prices of electric vehicle models including Nexon, Punch by up to Rs 3 lakhTata Motors has reduced prices on its electric vehicles as part of the 'Festival of cars' campaign, running until October 31. Discounts inc...
The Tata-Marutis of India drive clearance sale offer. But what's the need for it?As the festival season arrives, major automakers are offering significant discounts on cars to address a growing inventory surplus. Tata Mo...
Festive Season Outlook: India braces for potential discounts as consumer demand remains tepidAs India enters the festive season with Onam, companies are uncertain whether this will revive consumption, with demand remaining subdued a...
Realtors put a lock on festive offers amid high demandAs per industry reports, residential sales in India are projected to achieve a record high in 2023, as developers anticipate selling more t...
Auto off the pace: Number of unsold cars soars, new bookings declineThe rate of cancellation which used to be an average 10% of the total bookings till a few months back, has increased to 15-20%. There are a...
Auto dealers now hit RTO hurdleDealers are not only stuck with commercial vehicles and two-wheelers conforming to phased-out BS4 emission norms, they’re not even able to ...
Renault India hikes employees’ salary by up to 15% despite Covid-19 shockDespite the lockdown drying out cash flows, Renault India Private Limited (RIPL) has gone ahead with promotions of over 30 executives and a...
Renault gives pay hike of 15%Despite the lockdown drying out cash flows, Renault India Private Ltd (RIPL) has also gone ahead with promotions of over 30 executives, eff...
On last day of BS-IV, dealers rush to register vehicles in their own namesIndian auto dealers registered unsold BS-IV stock in their own names as the financial year drew to a close, seeking to minimize inventory l...
COVID-19 impact: Vehicle makers announce support package for crisis-hit dealersVehicle manufacturers have assured their dealer partners of financial and other support as they are facing a major crisis due to the lockdo...
Supreme court allows dealers to sell only 10% of BS-IV vehicles stock after deadlineIndia will migrate to BS-VI emission standards on April 1, and as per a previous court order vehicles compliant with the outgoing regulatio...
Policy makers need to view if auto sales should drive growth, jobs: RC BhargavaPolicy makers must decide if cars should be a major driver of manufacturing and job growth or if the country should rely on other products,...
Auto companies slam brakes on productionCar and two-wheeler cos to shut plants for several days this quarter to reduce unsold inventory.
CSE welcomes SC ruling on BS-IIICentre for Science and Environment (CSE) has welcomed today’s landmark judgment of the Supreme Court bench comprising Justice Madan B Lokur...
Maruti Suzuki slips over 1% on suspension of petrol car productionOn technical charts, Maruti faces stiff resistance close to Rs 1475 levels and looks like the stock might underperform the rest of the mark...
- Realtors like Sunil Mantri Realty, Ackruti City, SG Estates, Gaursons and others offer freebies to offload inventories, for pushing up sales
Developers are trying to use the general upbeat mood during the festivities to push sales by offering freebies and discounts of up to 20%.