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Auto industry slump continues; car sales drop 7.59% in January

Last Updated: Tuesday, February 11, 2014, 22:08

Car sales in India fell for the fourth straight month in January this year with a decline of 7.59 percent, prompting industry body SIAM to seek government support in the upcoming interim Budget.

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.

Maruti, Hyundai's January sales dip as market remains subdued

Last Updated: Saturday, February 01, 2014, 18:08

Maruti Suzuki India, said its domestic sales declined 6.3 percent during the month to 96,569 units as against 1,03,026 units in January, 2013.

Maruti, Hyundai December sales up, others fail to keep pace

Last Updated: Wednesday, January 01, 2014, 17:44

Leading car makers Maruti Suzuki India and Hyundai Motor India Ltd posted single digit growth in their domestic sales in December but other companies failed to beat the year-end blues.

Car sales seen falling this financial year: Report

Last Updated: Tuesday, November 12, 2013, 13:08

Automakers sold 163,199 cars in India last month, a drop of 3.9 percent from a year earlier, data SIAM showed.

Rupee fall may jack up premium on car insurance: Industry

Last Updated: Sunday, September 08, 2013, 14:05

The rupee has depreciated more than 20 percent since May and is hovering around 65 per dollar as of now. This has pushed up costs of imported spares of most of the automakers in the country.

Car makers expect no cheer this festive season

Last Updated: Friday, September 06, 2013, 10:23

Hit by demand slowdown and low consumer sentiment, car manufacturers are expecting a tepid festive season this year.

Car makers expect no cheer this festive season

Last Updated: Wednesday, September 04, 2013, 20:07

Reeling under high interest rates, fuel costs and low consumer sentiments due to overall economic slowdown, car sales in India have declined for a record 9th consecutive month in July.

Discounts galore as car-makers try to woo customers

Last Updated: Sunday, July 14, 2013, 12:14

Reeling under prolonged spell of declining sales, major car makers in India are offering a variety of schemes, ranging from cash discounts to buyback benefits to special interest rates, to bring back customers back to the showrooms.

Domestic car sales down 9%; SIAM seeks stimulus package

Last Updated: Friday, July 12, 2013, 10:11

According to the latest figures, domestic car sales stood at 1,39,632 units in June as against 1,53,450 units in the same month last year.

High rates triggering negative sentiment in auto mkt: Volvo

Last Updated: Monday, June 17, 2013, 18:45

Car sales in India fell for a record seventh consecutive month in May with a decline of 12.26 percent.

Car sales fall for 7th month in May, SIAM fears job losses

Last Updated: Tuesday, June 11, 2013, 10:08

According to the latest data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales in May stood at 1,43,216 units as against 1,63,222 units in the same month of 2012.