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passenger vehicle

Tata Motors CV demerger: Demerger of biz to help commercial vehicle business capitalise on opportunities globally: Tata Motors

by Adesola Mojo
Tata Motors CV demerger: Demerger of biz to help commercial vehicle business capitalise on opportunities globally: Tata Motors

The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata …

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Categories Automobile

Auto sales growth moderates in April, sets record despite tepid demand

by Adesola Mojo
Auto sales growth moderates in April, sets record despite tepid demand

New Delhi: Car sales in the local market rose 1.3% to 335,629 units last month, and automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up …

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Categories Automobile

India sells more cars in few hours daily than what Pakistan sells in a month: Details

by Adesola Mojo
India sells more cars in few hours daily than what Pakistan sells in a month: Details

Pakistan’s car sales have shown signs of improvement after the dismal performance in the last quarter of 2023, where passenger vehicle sales remained below the 5,000 mark, they still experienced …

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Categories Automobile

Maruti Suzuki Chairman RC Bhargava predicts revival of Indian small-car market by 2026: Details

by Adesola Mojo
Maruti Suzuki Chairman RC Bhargava predicts revival of Indian small-car market by 2026: Details

The small car market in India, which has been diminishing on a rather rapid scale lately, might make a comeback by 2026, Maruti Suzuki chairman RC Bhargava believes, as per …

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Categories Automobile

4.2 million car sales may blast their way to record

by Adesola Mojo
4.2 million car sales may blast their way to record

New Delhi: India’s car industry is on track for a record-breaking year, with sales expected to touch about 4.23 million vehicles, buoyed by a double-digit sales surge this month. The …

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Categories Automobile

Tata Motors to split into 2 listed companies

by Adesola Mojo
Tata Motors to split into 2 listed companies

Mumbai: Tata Motors Ltd will split into two listed businesses comprising the commercial vehicle and the passenger vehicle businesses that includes its British luxury car unit Jaguar Land Rover (JLR). …

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Categories Automobile

passenger vehicle: PV industry growth likely to moderate to less than 5% in FY25: Tata Motors

by Adesola Mojo
passenger vehicle: PV industry growth likely to moderate to less than 5% in FY25: Tata Motors

The growth of the domestic passenger vehicle industry is likely to moderate to less than 5 per cent in the next fiscal, according to Tata Motors Passenger Vehicles Managing Director …

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Categories Automobile

UP tops Maharashtra in two-wheeler sales, Maharashtra remains India’s No. 1 car state |

by Adesola Mojo
UP tops Maharashtra in two-wheeler sales, Maharashtra remains India’s No. 1 car state |

The Society of Indian Automobile Manufacturers (SIAM) has released its UT/state-wise vehicle sales data for the third quarter spanning Oct-Dec of the ongoing financial year 2023-24. According to the figures, …

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Categories Automobile

Auto dispatches scale new peak as dealers stock up post year-end sales

by Adesola Mojo
Auto dispatches scale new peak as dealers stock up post year-end sales

Automakers dispatched 393,074 units of cars, utility vehicles and vans last month, a 14% increase from a year earlier and the highest on record, as dealers restocked inventories depleted during …

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Categories Automobile

December auto sales: Domestic passenger vehicle sales rise 4% YoY at 2.86 lakh units in December: SIAM data

by Adesola Mojo
December auto sales: Domestic passenger vehicle sales rise 4% YoY at 2.86 lakh units in December: SIAM data

The total domestic Passenger Vehicle (PV) wholesales rose 4 per cent in December 2023 at 2,86,390 units as against 2,75,352 units sold in December 2022, data from Society of Indian …

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Categories Automobile
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