Sales Figures
car&bike Team
Jan 15, 2019, 11:06 PM
The move could give a strong push to the passenger vehicles sales which otherwise have been cruising in the slow lane in the second and third quarter of Fiscal Year 2018-19 and the industry isn't expecting the performance to improve significantly even in the last quarter. Moreover, luxury carmakers like Mercedes-Benz, BMW, Audi, Volvo and Jaguar Land Rover who generally use a high level of export components in locally assembled models would be the major gainers from such a move.
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car&bike Team | Jan 15, 2019SIAM Anticipates Carmakers To Miss The Sales Target In FY20192018 was a mixed bag for carmakers in India as there were several roadblocks which the industry body didn't see coming. At the start of 2018 the sales started on a good note as the first quarter of the Fiscal Year 2018 posted healthy sales. However, that didn't go for long on the wake of several disruptions which affected the sentiments of car buyers and in-turn the sales in the auto industry. Therefore, the Society Of Indian Automobile Manufacturers (SIAM) is expecting to miss the growth target of 7 per cent for the passenger vehicle segment in FY2019.1 min read
car&bike Team | Jan 14, 2019Passenger Vehicles Sales In India Record Slow Growth In 2018Within the passenger vehicles segment, the sales of passenger cars, utility vehicle & vans grew by 4.34 percent, 2.63 percent and 12.89 percent respectively in April-December 2018 over the same period last year.1 min read
car&bike Team | Jan 12, 2019Mahindra Jeeto LCV Breaches 1 Lakh Sales MilestoneThe Mahindra Jeeto light commercial vehicle (LCV) recently achieved the 1 lakh sales milestone in India. In fact, it was just a few months ago that the company announced achieved the 1 lakh production milestone for the Jeeto LCV.1 min read
car&bike Team | Jan 11, 2019Tata Motors' Global Wholesales Went Down By 13.9% In December 2018Tata Motors Group today released its global wholesale figures for the month of December 2018. The company's total wholesales, for the last month of 2018, reached 100,551, a decline of 13.9 per cent, compared to December 2017, when the company sold about 116,783 units.1 min read
Cyrus Dhabhar | Jan 10, 2019Mercedes-Benz India Sets Luxury Car Sales Record For 2018Mercedes-Benz India has been the largest luxury automaker in India for the last few years now and has set a new record for luxury car sales in India at 15,538 units in 2018. The automaker had a fair few launches in 2018, in both the luxury segment with the facelifted Mercedes-Benz C-Class and in the performance segment with the likes of the Mercedes-AMG E63s sedan and the iconic Mercedes-AMG G63 SUV. This is the highest ever sales figure for Mercedes-Benz India and is the second year in succession with sales topping the 15,000 unit mark. 2018 was also the 4th year that Mercedes-Benz India beat out its closest rivals BMW and Audi to retain the number 1 spot amongst luxury automakers in India.1 min read
car&bike Team | Jan 8, 2019Jaguar Land Rover India Achieves 16 Per Cent Growth In CY 2018 SalesJaguar Land Rover today released its sales results for the 2018 calendar year (CY 2018), during which the company achieved a 16 per cent growth. Last year, JLR India sold a total of 4,596 units, compared to the 3,954 units the company sold in 2017.2 mins read
car&bike Team | Jan 8, 2019Passenger Vehicle Sales Down By 3 Per Cent In December 2018: Dealers AssociationThe auto industry had an underwhelming festive season in 2018 with a host of factors contributing to the disappointing numbers. However, after a slump in sales, the Indian automobile market is on the road to recovery, according to the Federation Of Dealers Association (FADA). The dealer association said that the industry was showing signs of revival post the festive season with the drop in fuel prices contributing to the de-growth. The passenger vehicle sector though dropped by 3 per cent in sales in December 2018, whereas the two-wheeler segment increased by 11 per cent year-on-year hike in volumes.1 min read
car&bike Team | Jan 4, 2019BMW G 310 R, G 310 GS Contribute Over 75 Per Cent To BMW Motorrad Sales In 2018BMW Motorrad India further revealed that the BMW S 1000 RR, BMW R 1200 GS and BMW R 1200 GSA were a favourite among motorcycle enthusiasts. For 2019, BMW is likely to bring a host of its new and updated motorcycles in the country. This will include the 2019 S 1000 RR showcased at EICMA 2018, among other performance offerings.1 min read
