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Car sales down for 2nd year running; job loss pegged at 1.5 lakh

Last Updated: Friday, April 11, 2014, 10:54

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales in FY14 stood at 17,86,899 units as compared to 18,74,055 units in the previous fiscal.

China auto sales slow in February after record month

Last Updated: Monday, March 10, 2014, 16:11

China`s auto sales eased in February from a record high in January as the long Lunar New Year holiday affected the market, an industry group said Monday.

Reaction to eco data, auto sales to dictate market trend: Experts

Last Updated: Sunday, March 02, 2014, 12:56

Trading in Indian markets this week would likely be marked by reaction to subdued economic growth data for December quarter, overseas investment trends and global cues, experts have said.

Price cut push Maruti, Hyundai sales higher in February

Last Updated: Saturday, March 01, 2014, 20:23

Similarly, Ford India and Honda Cars India posted double digit growth during the month.

Toyota Kirloskar sales down 19% in February

Last Updated: Saturday, March 01, 2014, 13:43

Toyota Kirloskar Motor on Saturday reported 19.27 per cent decline in its total sales at 11,284 units in February, 2014.

Maruti Suzuki sales decline marginally in February

Last Updated: Saturday, March 01, 2014, 12:11

Country's largest car-maker Maruti Suzuki India (MSI) on Saturday reported a marginal decline in total sales at 1,09,104 units in February, against 1,09,567 units in the same month last year.

Maruti, Hyundai, Mahindra lower prices after excise duty cut

Last Updated: Wednesday, February 19, 2014, 19:01

Finance Minister P Chidambaram proposed the excise duty cuts on February 17 "to give relief to the automobile industry, which is registering unprecedented negative growth."

'Excise cut may not rev up auto sales; neutral for cap goods'

Last Updated: Wednesday, February 19, 2014, 00:41

The government's decision to slash the excise duty on cars and SUVs may not lead to a spike in sales, while the impact of the same on the capital goods sector would be neutral, a research report says.

China January auto sales up 6% to record high

Last Updated: Thursday, February 13, 2014, 15:00

China`s auto sales rose 6.0 percent year-on-year in January to a record high for any month thanks to strong car sales before the Chinese New Year holiday, an industry group said Thursday.

Domestic car sales down 7.59% in January, bikes up 4%

Last Updated: Tuesday, February 11, 2014, 12:04

Domestic passenger car sales declined 7.59 percent to 1,60,289 units in January compared with 1,73,449 units in the same month of 2013.

Annual auto sales witness first decline in 11 years

Last Updated: Sunday, February 09, 2014, 11:47

According to the Society of Indian Automobile Industry (SIAM), domestic car sales last year fell to 18,07,011 units from 19,98,703 units in the previous year.

Winter takes a bite out of US auto sales

Last Updated: Tuesday, February 04, 2014, 03:21

Massive snowstorms and bitter cold took a bite out of US auto sales in January, but Chrysler said Monday it extended a winning streak even as its rivals posted significant losses.