Domestic passenger vehicle sales continued to slump in December, says industry body

Overall, passenger vehicle sales in 2019 declined 12.75% over the previous year to 29.62 lakh units.

Scroll Staff

· Jan 10, 2020 · 04:46 pm

Automobile sales dip sharply in December 2019, manufacturers say figures were expected

However, sales of Maruti Suzuki rose by 3.9% year-on-year in December.

Scroll Staff

· Jan 02, 2020 · 11:27 am

Maruti Suzuki among top gainers on Sensex as output rises for the first time in 10 months

The car company produced a total of 1,41,834 units last month – 4.3% higher than the same month in 2018.

Scroll Staff

· Dec 09, 2019 · 05:13 pm

‘If there is decline in automobile sales, why are there traffic jams,’ asks BJP MP

Uttar Pradesh leader Virendra Singh Mast claimed the slowdown talks were a conspiracy to ‘defame’ the government.

Scroll Staff

· Dec 05, 2019 · 09:09 pm

Honda plant in Manesar shut indefinitely as protest against sacking of contractual workers continues

The company had last week said the workers were relieved because of demand fluctuations.

Scroll Staff

· Nov 12, 2019 · 12:39 pm

Passenger vehicle sales rose marginally in October, car sales continued decline

Car sales were down 6.34% to 1,73,649 units in October since the same month last year.

Scroll Staff

· Nov 11, 2019 · 01:14 pm

Maruti Suzuki shares recover a day after quarterly results showed biggest drop in profits in 8 years

The company’s consolidated net profit declined 39% in the July-September quarter because of a sales slowdown.

Scroll Staff

· Oct 25, 2019 · 03:49 pm

Auto industry crisis: Passenger vehicle sales declined 23.7% in September, shows data

Motorcycle sales dived 23.29% year-on-year to 10,43,624 units, while two-wheeler sales fell 22.09%.

Scroll Staff

· Oct 11, 2019 · 12:48 pm

Auto sector crisis: Ashok Leyland shuts several plants for up to 15 days this month

The commercial vehicle manufacturer said this was done to align its production with the sales.

Scroll Staff

· Oct 04, 2019 · 06:41 pm

Auto sales continued to slump in September but manufacturers look forward to festive season

Maruti Suzuki sold 1.1 lakh domestic cars, a drop of 27% from same month last year.

Scroll Staff

· Oct 02, 2019 · 11:35 am

Rahul Gandhi calls Sitharaman’s millennial mindset theory foolish, asks Centre for concrete plan

Priyanka Gandhi Vadra said the BJP government was confused about the economy.

Scroll Staff

· Sep 12, 2019 · 04:05 pm

Maruti Suzuki says millennials’ preference for Uber, Ola not a ‘strong factor’ in auto sector crisis

The car maker’s executive director said a detailed study was needed before arriving at any conclusion for the slowdown.

Scroll Staff

· Sep 12, 2019 · 02:06 pm