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AUTOMOBILE SALES
Effect of GST rate cuts on commodities neutralised by 'galloping' inflation: CongressCongress has highlighted that the gains from GST rate reductions are being wiped out by escalating inflation. They claim that increasing co...- FII selling returns in first half of September as financials, auto stocks face heavy outflowsIn early September, foreign investors shifted to selling after a series of buying phases. Notably, financials, automotive, and oil and gas ...
- Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, ma...
- Maruti Suzuki records 1 million vehicle dispatches through in-plant railway sidings in Gujarat, HaryanaMaruti Suzuki achieved one million vehicle dispatches via its railway sidings. The Gujarat siding contributed 7.9 lakh vehicles, while Mane...
- Capitalmind Flexi Cap Fund adds Divi’s Laboratories, Bajaj Auto and 3 other stocks in AugustCapitalmind Flexi Cap Fund made five fresh additions and completely exited five stocks from its portfolio in August, while keeping its expo...
- Quick delivery platforms hike festive ad rates 35% as sales seen doublingThe increase comes at a time when advertisers increasingly use quick-commerce platforms to reach consumers closer to the point of purchase,...
- China's Xpeng plans to offer tech solutions to foreign automakersThe company plans to offer its electrical and electronic architecture, cockpit systems, Turing AI chips, and advanced-driver assistance sof...
- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- Electric mobility a strategic imperative for Viksit Bharat 2047: NITI AayogElectric mobility is a strategic imperative for India's Viksit Bharat 2047 vision. Global shifts and geopolitical friction accelerate the t...
- Car sales jump over 30% in August as festive demand buildsPassenger car sales increased by over a third in August, reaching 439,309 units. This growth followed a decline in the previous year due to...
- PVs drive auto sales to record August high as India gears up for festive seasonIndia's automobile sector achieved its highest-ever August sales across multiple vehicle categories, SIAM said. Robust consumer demand and ...
- India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
- No chargers, no deal: Europe's biggest truckmakers push back against the 2030 climate deadlineEurope's leading truckmakers want the EU to postpone 2030 emissions targets by three years. They cite insufficient charging stations and hi...
- Maruti Suzuki Jimny, FRONX, e-VITARA exports to Japan cross 1 lakh milestoneMaruti Suzuki’s exports of Made-in-India Jimny 5-door, FRONX and e VITARA to Japan have crossed 1 lakh units, highlighting growing demand f...
- GST turbocharges truck demand as CV makers double sales growth targetsCommercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstri...
- India's commercial vehicle sales surge, manufacturers double growth projections to 10-15% this fiscalCommercial vehicle sales growth projections have been sharply revised upwards by manufacturers. Demand in the first five months far outstri...
- China's car exports in first 8 months surpass 2025 total, as EV sales soarChina's passenger car exports have already exceeded last year's total for this year. August saw a significant 67.1% surge in passenger car ...
- CNG, hybrids, electrics rule motown: Alternative powertrains beat petrol vehicles for the first time in India as August auto sales jump 18%Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energ...
- Alternative fuels overtake petrol in India’s car sales for first time as CNG, EVs and hybrids gain groundIn response to soaring fuel costs, consumers are now leaning towards alternative fuels like CNG, hybrids, and electric vehicles, resulting ...
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