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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 Suzuki sales dip 10% in January

Last Updated: Saturday, February 01, 2014, 11:00

Country's largest car-maker Maruti Suzuki India (MSI) Saturday reported 10.3 percent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.

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: 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.

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.

SUV surge no bubble; sustained moderate growth likely

Last Updated: Thursday, April 04, 2013, 13:11

According to SIAM data, Passenger Cars segment has shrunk from 78.9 percent in FY11 to 70.6 percent till February 2013. In the same period, UV and multi-purpose vehicles (MPVs) segment has grown from 21.1 to 29.4 percent.

Robust SUV sales to boost passenger car market

Last Updated: Wednesday, April 03, 2013, 12:27

Several new models are scheduled to be launched in the UV space in the near term.

FY'13 car sales forecast cut to 0-1%: SIAM

Last Updated: Wednesday, January 09, 2013, 18:38

The downward projection reflects severe slowdown in the industry across the segments.

India outdoes most peers in BRIC block in car sales growth

Last Updated: Friday, October 12, 2012, 18:15

Penetration levels of vehicles is very low in India when compared to any other country since even Srilanka and Pakistan also have higher vehicle penetration than us.