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Auto Retail Sales Latest News

  • In February 2022, the cumulative new vehicle retail sales stood at 13,74,516 units, a MoM decline of 4.5 per cent compared to 14,39,747 vehicles sold in January 2022. Compared to 15,13,894 units sold in February 2021, the industry saw a YoY decline of over 9 per cent.
    New Vehicle Retails In February 2022 Down 4.5% Over January, YoY Sales Drop Over 9%
  • The Federation of Automobile Dealers Association (FADA) is expecting retail sales to gradually improve this festive season while it would likely get on the fast track in the next financial year.
    FADA Expects Good Retail Sales In Festive Season
  • State Bank of India (SBI) has assured easing of liquidity in a bid to support dealers' business along with improving its service.
    Automobile Dealers Seek Banking Support To Tide Through Sales Crisis
  • The Federation of Automobile Dealers Associations (FADA) released its data on the on the total vehicle registrations for February 2019. The federation concluded that the auto sector saw an overall 8.06 per cent drop in total sales in passenger vehicles for the month, after starting the calendar year on a positive note. Total automobile sales stood at 14,52,078 units, down from 15,79,349 units sold in February 2018. The passenger vehicle inventories account for up to 60 days, twice than what was recorded in January this year, according to FADA. Two-wheeler inventories, on the other hand, have reached alarming levels of 90 days from 55 days, a month prior, extending to 100 days in certain locations across the country.
    Auto Sales Decline By 8 Per Cent In February 2019; Two-Wheeler Inventory At Alarming Levels: FADA

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  • Tesla's Shanghai plant in December cut output by about a third from November, and extended a Lunar New Year holiday period for workers in January, to cope with rising inventory.
    Tesla Sales Of China-Made Electric Vehicles Up 18% In January
  • Hyundai will be launching the updated version of the i20 as well. We've caught the facelifted i20 testing for a while now and the price of the car will be announced at the Auto Expo 2018.
    Auto Expo 2018: Hyundai To Launch i20 Facelift
  • Honda Motorcycle and Scooter India (HMSI) accounted for almost half of the incremental two wheeler sales in May. Overall, Honda posted a 19 per cent rise in sales in the same month, selling 4,36,358 two wheeler units in May, up from 3,67,167 units in May 2015.
    Honda Accounts for Nearly Half of Incremental Two Wheeler Sales
  • The new Hyundai i20 has turned out to be a great success for the Korean carmaker in India. And the reason we say this is because of the fact that the company has sold over 1 lakh units of the premium hatchback within 11 months.
    Hyundai i20 Reaches 1 Lakh Sales Milestone Within 11 Months
  • Eric Vas, President - Motorcycle Business, Bajaj Auto, said that over 50 per cent of the bike's customers have opted for the ABS variant.
    ABS Version Accounts For Over 50 Per Cent Bajaj Pulsar RS200 Sales