Tata Motors, India’s second biggest automaker, is on track to set another monthly record in terms of passenger auto sales in February, even as market leader Maruti Suzuki will continue to see a year-on-year decline, according to Emkay Research. The third major listed automaker, Mahindra & Mahindra is also scheduled to report a strong February […]
Maruti Suzuki reported better numbers as part of its January Auto Sales performance compared to recent months, with India sales declining only 7% compared to the same month of last year. This is comparatively better than its performance in recent months. In November, for example, its domestic passenger vehicle sales fell by a whopping 19% […]
Tata Motors Ltd, India’s second largest passenger vehicle maker, has posted yet another record-breaking monthly sales number, selling a whopping 72,485 vehicles in January 2022. Unlike in the last 18 months or so, the growth in the first month of 2022 has come from both the commercial vehicle as well as the passenger vehicle business. […]
Sales trends of December 2021 show the rise of a new bunch of compact and entry-level utility vehicles such as the Nissan Magnite, MG Astor, Tata Punch, Skoda Kushaq and Volkswagen Taigun, at the cost of older models like Hyundai Creta, Kia Seltos, Kia Sonet, MG Hector, Tata Punch and Hyundai Venue. Two exceptions to […]
Auto sales in the final three months of 2021 will be remembered for the solid out-performance of Tata Motors during the period, boosted by one key model — the affordable, mini SUV Punch. The strong numbers racked up by the entry-level UV have helped Tata Motors overtake Mahindra & Mahindra in the compact utility vehicle […]
Bajaj Auto emerged as the best performer in December two-wheeler sales in the domestic market by posting relatively flat numbers while others such as TVS Motor Co and Hero MotoCorp saw sharp declines in their India sales. Bajaj Auto escaped the sharp declines by reporting sales of 1.28 lakh units in India in the final […]
Smaller truck manufacturers Volvo Eicher (VECV) and Mahindra & Mahindra were able to show a better turnaround in their December auto sales in India compared to bigger peers and market leaders Tata Motors and Ashok Leyland, with Eicher reporting particularly strong numbers. For example, in heavy duty trucks, Volvo Eicher led the growth with a […]
India’s largest car maker Maruti Suzuki today denied that it was facing problems with demand, and said the recent slowdown in sales is because of availability of semiconductor chips. Shashank Srivastava, executive director in charge of sales and marketing, denied that the company was facing any issues liquidating its inventory, and said stocks were well […]
Hero MotoCorp reported a whopping 43% decline in India two-wheeler sales in November due to a sharp downturn in rural demand. The company, which gets most of its customers from rural and semi-urban regions, sustained a sharp blow to both its motorcycle as well as scooter sales, with the latter taking a bigger beating. The […]
Tata Motors reported yet another month of outstanding sales figures in the form of November 2021, but the pace of growth declined marginally in a month that saw most others report steep declines in sales. The company’s total vehicle sales rose to 62,192 units from 49,650 units a year ago, but was lower than the […]
With the pent-up demand getting exhausted and the overall economy reeling under the impact of rising inflation and the after-effects of two waves of COVID-19, auto sales seem to be coming under pressure post the festival period. Two of the earliest companies to report their November numbers, Bajaj Auto and tractor maker Escorts, have both […]
Tata Motors again surprised on the upside with its excellent performance as far as October auto sales are concerned, even as market leader Maruti Suzuki faced yet another month of depressingly poor sales in its core hatchback segment. Mahindra & Mahindra, meanwhile, beat the blues thanks to strong demand for its newly launched XUV700 model. […]
Mahindra & Mahindra today announced a new luxury variant for is recently unveiled XUV700 premium SUV diesel. The luxury variant, which will be available with both automatic transmission as well as manual transmission, will come with certain added features. These extra features include a new ‘immersive 3D sound” system by Sony, electrically deployed smart door […]
Tata Motors and Mahindra & Mahindra, the two primary home-grown auto makers in India, reported continued pick-up in the sales of heavy commercial vehicles, but their passenger vehicle sales showed a declining trend, though not as sharply as in case of market leader Maruti Suzuki. Passenger vehicle sales for M&M fell to 13,134 in September […]
Bajaj Auto has kicked off the auto sales data for September with a set of not-so-uplifting set of numbers, indicating a moderation in demand after a sharp rise in sales due to pent-up demand. The company’s two-wheeler sales in India were down 21% in September 2021, indicating that the uptrend in auto sales seen after […]
Mahindra & Mahindra said it will cut its automobile production this month by 20-25% due to a shortage of semiconductors. The company, like most producers, has been finding it difficult to source the chips required that carry out various functions within a car, such as controlling the engine/fuel flow, display boards and so on. “The […]
Mahindra & Mahindra, the second biggest home-grown automaker in India, reported a slow down in momentum in its August auto sales after reporting strong numbers for July. Overall sales of UVs fell to 15,786 in August from 20,797 in July. A similar deceleration was also seen in the commercial vehicles segment, as well as in […]
Bajaj Auto was able to beat TVS Motor Co in July two-wheeler sales, reporting a 39% jump compared to only 8% for the South India-based company. Bajaj Auto was able to beat TVS because of a doubling of export volumes in July to 1.74 lakh. In comparison, TVS Motor Co’s exports volumes in July rose […]
Mahindra & Mahindra, India’s second biggest home-grown auto brand, reported strong numbers for July that indicated that demand continues to be strong in the auto sector despite the interruption caused by the second wave of COVID-19. The company nearly doubled its total vehicle sales to 42,983 in July this year from 25,678 vehicles in July […]
Tata Motors, which has been setting new records for auto sales in recent months, said it has decided to “calibrate” production of its vehicles with actual demand to prevent oversupply and a pile up of inventory at the company and dealers. “The lock-down enforced in various parts of the country is expected to impact vehicle […]
