Indian auto sales soar in April 2024: 2-wheelers lead with 30.8 per cent growth

India has emerged as a key market for global automakers due to a surge in demand and Bouyant consumer sentiment. Sales are surging across segments, so what do the numbers suggest about the state of the Indian economy?

Auto demand picks up across rural & urban segments

India's auto sales in the fast lane

General Motors has retaken the title as America's top auto maker from Toyota after its sales rose 2.5% in 2022. Watch this video to know more.

World Business Watch: GM reclaims U.S. auto sales crown from Toyota

The latest industry data says that India has surpassed Japan in auto sales last year; making it the world's third-largest auto market behind China and the United States. The numbers say that India sold at least 4.25 million new vehicles going past Japan's 4.2 million.

India becomes world's third-largest auto market surpassing Japan in auto sales

China's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives.

China's auto sales extend recovery, surged 29.7% in July

There's a chip supply issue but cars are being launched every now and then, how are the situation going to pan out in the next few months? Listen in to this exclusive conversation with Shashank Srivastava, senior ED, Maruti Suzuki, India.

India Auto Sales: Factory maintenance shutdown impacted sales

Recession is impacting industries and countries across the globe. India is an exporter for small cars for MNCs including Suzuki motor of Japan. How is the recession phase impacting sector. Today we are joined by Shashank Srivastava, senior ED, Maruti Suzuki, India for more insights on this.

Recession fears and Indian-based firms | Shashank Srivastava Exclusive

The Indian auto industry has managed to make a recovery in May of this year. It has registered healthy growth in terms of vehicle sales as compared to same period last year. WION's Business Editor Sumit Chaturvedi speaks to Shashank Srivastava, Senior ED, Maruti Suzuki.

Indian auto industry manage to make a recovery in May 2022

China is an important market for automakers including Tesla, as it was the top seller of EVs in the country in March delivering 65,000 cars from its Shanghai factory. Its manufacturing and sales took a huge hit last month when the government shut down Shanghai.

Lockdowns take a toll on auto sales, Tesla's China sales dive 98%

Maruti Suzuki largest car maker, Bajaj Auto second largest two-wheeler player, TVS they all shown a decline in sales but Mahindra and Hyundai recovered and recorded growth.

Maruti Suzuki, Bajaj, TVS show decline in sales

India's leading car makers Maruti Suzuki and Hyundai have witnessed a double digit drop in sales in the month of October due to global chip shortage.

October auto sales in India stay in the slow lane due to chip shortage

Auto sales have remained a mixed bag in the month of August in India, with some automakers suffering from chip shortages. Maruti Suzuki has registered total sales of over 130,000 units in the previous month.

World Business Watch: India's August auto sales skid on chip shortage, firms await festival season

India's carmakers are awaiting the festival season this year, they are hopeful that along with pent-up demand sales will be good for them during this period. WION's Sumit Chaturvedi talks to PB Venugopal, President of Lexus India for more perspective.

World Business Watch: Festival period, pent up demand to contribute auto sales says Lexus India

In India, wholesale auto despatches saw a sharp jump across segments in June compared to the same month last year as well as the preceding months. The reason for the sharp turnaround in June this year is because dealerships resumed stocking after lockdowns, which started April onwards.

World Business Watch: Auto sales in India sees sharp jump in June

India’s Mahindra & Mahindra expects it will take at least another two years for car sales to return to their pre-pandemic peaks, but a slow pace of vaccinations could hurt recovery prospects.

World Business Watch: Indian automakers expect sales to rebound in two years

Automobile companies posted exponential growth in their year-on-year wholesale numbers in March mainly because of the low base effect due to COVID-related disruptions last year.

World Business Watch: Base-effect drives March auto sales to new highs in India

Despite challenges of high fuel prices and automakers facing production hit due to semiconductor shortage the Passenger Vehicle segment in India has posted strong.

World Business Watch: India auto sales beat COVID blues

Passenger vehicle sales in India continued its growth momentum for the fourth straight month in November spurred by festival demand.

World Business Watch: India: Passenger vehicle dispatches maintain growth momentum

Watch today in WION Wallet: In China, auto sales plunged by 79% last month which was the biggest ever monthly decline.

China: Auto sales plunged by 79% last month, the biggest ever monthly decline | WION Wallet

China auto sales fall 6.9% in August, 14th month of decline

August Automobile Sales Down 23% Across Segments.

Gravitas: Auto Sales Slowdown: Impact On Economy

Equity gauges fall in early trading, auto and financial stocks in the red

According to data released by the Society of Indian Automobile Manufacturers, passenger vehicle sales in India dropped 17% in April, the worst monthly fall in almost eight years. High insurance costs, weak sentiment and a liquidity crunch have caused a dent in sales.

Passenger vehicle sales drop 17% in April – worst monthly fall in nearly eight years

auto-sales

https://www.wionews.com/tags/auto-sales.html, News on https://www.wionews.com/tags/auto-sales.html, stories on https://www.wionews.com/tags/auto-sales.html, articles on https://www.wionews.com/tags/auto-sales.html, https://www.wionews.com/tags/auto-sales.html stories at Wion, https://www.wionews.com/tags/auto-sales.html news, https://www.wionews.com/tags/auto-sales.html latest news