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  SUVs drive India's passenger vehicle sales to record high in fiscal year 2022-23

  Auto | April 28, 2023 15:04 IST

  Strong demand for SUVs helped India's passenger vehicle sales reach an all-time high in the fiscal year 2022-23, with over 3.9 million units sold, while sales of entry-level vehicles faced difficulties.

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  Automobile retail sales in India rise 8.31% in August: FADA

  Business | September 08, 2022 12:17 IST

  FADA said the three-wheeler (3W) segment witnessed the highest growth rate last month posting 83.14 per cent increase at 56,313 units, up from 30,748 units in the same month a year ago.

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  India's auto industry expects high sales on back of new launches | Details

  Business | August 07, 2022 11:48 IST

  The festive season, which usually witnesses a spike in automobile sales, begins this year on August 11 with Rakshabandhan stretching up to Diwali on October 25.

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  Auto retail sales drop 55% in May as COVID puts break on vehicle registrations

  Auto | June 10, 2021 12:19 IST

  All the segments were hit last month as showrooms across various states were forced to down shutters amid the pandemic led restrictions. Total registrations across categories in May dropped to 5,35,855 units as compared to 11,85,374 units in April this year.

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  Auto sales zoom in Sep; await festive season for added boost

  Business | October 02, 2020 9:20 IST

  Base effect along with a rebound in domestic demand led major automobile players to report healthy year-on-year and sequential sales numbers for September. Analysts cited factors such as healthy monsoon, pent up demand and preference for personal mobility over public transport due to the pandemic as other key reasons for the upswing.

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  Not a single car sold in April? India braces for unprecedented ZERO monthly automotive sales

  Auto | May 01, 2020 11:11 IST

  Coronavirus pandemic has brought the life as we know it to a standstill. Things on the automotive front are no different. As we move into May, it has been over a month since all manufacturing plants have been shut for operations. This has led to an unprecedented month in terms of sales figures. As the numbers come out for the month of April, it is highly probable that not even a single car was sold in India.

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  COVID-19, inventory correction before BSVI transition to hit auto revenues in March quarter

  India | April 13, 2020 17:55 IST

  The coronavirus outbreak and inventory correction before the transition to BS-VI emission norms are expected to pull down aggregate revenue of some of the auto and auto ancillary companies by 26 per cent in March quarter even as the near-term weakness in demand is likely to continue as COVID-19 persists, a report said on Monday.

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  Slowdown Blues: Upcoming BS VI, production cuts subdue Feb auto sales, say Experts

  Business | March 03, 2020 8:20 IST

  The run-up to BS VI transition along with the general economic slowdown and truncated production led to the decline in sales of automobile majors in February, market watchers said on Monday.

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  Maruti sees big upward tick in October sales

  Auto | November 01, 2019 13:09 IST

  Maruti Suzuki, India's biggest car manufacturer has managed to give its sales numbers a boost in the Diwali festive season. Maruti, which was struggling because of the overall slowdown in the auto sector has managed to rack up some solid numbers.

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  Reduced prices, festive offers to accelerate auto sales

  Auto | September 25, 2019 22:28 IST

  The steps taken to reverse the economic slowdown, along with the upcoming festive season offers, might have the potential to accelerate the automobile sector's sales growth, industry insiders opined.  

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  Auto sales downturn: Govt might call stake-holders meet

  July 25, 2019 23:48 IST

  The Central government might bring in a proposal to lower GST rate on automobiles which is currently in the highest 28 per cent tax bracket. Alternatively, the cess over GST slab rate applicable on automobile may be lowered.

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  April car sales plunge by 20 per cent, passenger vehicle sales dip by 17 per cent

  Cars | May 13, 2019 14:12 IST

  Car sales in April have dipped by almost 20 per cent while the sale of passenger vehicles also plunged by 17 per cent in comparison to the same period last year. Motorcycle sales last month declined by 11.81 per cent.

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  Auto sales dip in March on rising interest and weak demand

  Cars | April 24, 2019 19:21 IST

  ​Weak consumer sentiment, along with a rise in borrowing costs and increased fuel prices dented domestic automobile sales last month, a research note said on Wednesday.  

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  Demonetisation drags auto sales to 16-year low in December, industry pins hopes on Budget

  January 10, 2017 15:00 IST

  Monthly automobile sales growth rate in India slipped to a 16-year low in December with total vehicle sales declining by 18.66 per cent as demonetisation hits the industry hard.

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  Volkswagen no longer in race to become world's largest carmaker: CEO

  December 22, 2015 0:11 IST

  Frankfurt: The Chief Executive Officer of the embattled German auto giant Volkswagen has said that the company is giving up on its ambition to become the world's biggest carmaker and beat Japanese rival Toyota in

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  India ratings revises auto sales volume expectations for FY16

  August 13, 2015 18:39 IST

  Mumbai:  India Ratings and Research (Ind-Ra) has revised its FY16 sales volume expectations for passenger vehicles upwards by 4-7%, and 5-8% downwards for light commercial vehicles.The rating agency further said it has revised motorcycles outlook

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  Domestic car sales up 3% in January: SIAM

  February 10, 2015 13:17 IST

  New Delhi: Domestic passenger car sales increased 3.14% to 1,69,300 units in January 2015 as compared with 1,64,149 units in the year-ago month.Motorcycle sales last month declined 5.85 per cent to 8,68,507 units as compared

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  Current account gap data, auto sales lift Sensex by 137 pts

  October 01, 2013 16:36 IST

  Mumbai: The BSE benchmark Sensex today rebounded from 3-week lows to end over 137 points up as investors cheered the lower-than-expected June quarter CAD number and encouraging September sales for automobile firms. The stock markets