Page 7 - Auto Sales

China auto sales rebound; up 3.4% to 10.4 mn units between Jan-June

June sales jumped 41.2% over a year earlier to 2.2 million after controls that shut down Shanghai and other industrial centres were eased

Auto sales jump in June as global semiconductor shortage eases

Maruti Suzuki dispatched 128,999 units to its dealers in June as against 128,432 units in the same period last year

Sensex falls 111 pts, Nifty holds 15,750; RIL sinks 7%, MRPL 10%

Benchmark indices swung wildly in trade on Friday after the government's move to tax oil refiners' windfall gain amid soaring crude oil prices hurt index heavyweight Reliance Industries' stock

Kia India records highest-ever monthly sales of 24,024 units in June

Kia India on Friday reported its highest ever monthly wholesales at 24,024 units in June, registering 60 per cent jump over the year-ago period. The automaker had dispatched 15,015 units to dealers in June 2021. The company said it has crossed the one lakh sales mark in the first six months of 2022, dispatching 1,21,808 units in the domestic market. In June, Seltos and Carens remained the top contributors to Kia's overall sales with 8,388 and 7,895 units, respectively. Sonet and Carnival contributed 7,455 and 285 units. "The immense love we are getting from the people of India is the result of the strong foundation of Kia in the country, backed by extensive research and customer-centricity. "Despite the global supply chain constraints, we are still managing to achieve milestones in record time," Kia India Vice President & Head of Sales and Marketing Hardeep Singh Brar said in a statement. The company is well aware of the growing waiting period on model range and it is taking ...

Bajaj Auto sales remain flat at 347,004 units in June; exports up 13%

Two-wheeler exports last month grew 23 per cent to 1,90,865 units as compared to 1,54,938 vehicles in the year-ago period

MG Motor India reports 27% growth in June retail sales at 4,503 units

The company had clocked retail sales of 3,558 units in the same month last year

Is the Indian economy out of the woods?

The central govt mopped up Rs 1.41 tr as GST collection in May, way above the FY22 average of Rs 1.23 tr. Auto sector also reported improved sales. Do these reflect a revival in Indian economy?

Indian automakers beat Covid woes as sales in May surpass 2019 levels

However, executives warn of rising inflation's impact on demand

Bajaj Auto sells 275,868 units in May 2022; stock dips 4% on profit booking

With schools/colleges opening in June 2022, there will be improvements in the footfalls in dealerships, according to analysts.

Auto companies ring up higher net sales, profits in March quarter

Semiconductor shortage and high commodity prices dent margins

Hyundai Motor total sales decline 5% in April; exports up to 12,200 units

Hyundai Motor India on Sunday reported a 5 per cent decline in total sales at 56,201 units in April 2022.

Maruti Suzuki April sales slip 6% to 150,661 units; exports climb 7%

The country's largest carmaker Maruti Suzuki India (MSI) on Sunday reported a 6 per cent decline in total wholesales to 1,50,661 units in April.

Skoda Auto India sales zoom over five-fold to 5,152 units in April

Skoda Auto India on Sunday said its sales surged by over five-fold in April to 5,152 units compared to 961 units in the year-ago period.

MG Motor India retail sales decline 22% to 2,008 units in April

MG Motor India on Sunday said its retail sales declined 22 per cent to 2,008 units last month compared to 2,565 in April 2021.

Toyota Kirloskar Motor sales rise by 57% to 15,085 units in April

Toyota Kirloskar Motor on Sunday said its dispatches to dealers rose by 57 per cent in April to 15,085 units from 9,600 in the same month last year.

Two-wheeler sales drag domestic auto sales to six-year low, exports shine

Overseas shipments by volume of scooters and motorbikes hit the highest since FY16

Auto sales remain low in FY22; two-wheeler dispatches lowest in 10 years

SIAM President Kenichi Ayukawa noted that despite some recovery from a low base, sales of all four segments of the auto industry were below even the 2018-19 level

Auto industry to reach pre-pandemic highs by FY2024, says FADA

FADA anticipates the auto industry to come out of the woods and reach pre-pandemic highs by FY2024

Supply chain worries for auto sector to continue even as demand improves

Industry fears Russia-Ukraine war will further dent recovery prospects as supply chains will be disrupted further

Lexus drives in all-new version of NX 350h SUV in India at Rs 64.9 lakh

Toyota's luxury car arm Lexus on Wednesday launched the all-new version of its NX 350h SUV in India with a price starting at Rs 64.9 lakh (ex-showroom).