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two-wheeler sales

April car sales growth moderates on high base

by Adesola Mojo
April car sales growth moderates on high base

Car sales in the local market rose 1.3% to 335,629 units last month. Automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained …

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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

TVS share price: TVS Motor Co expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan Venu

by Adesola Mojo
TVS share price: TVS Motor Co expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan Venu

TVS Motor Company expects electric vehicles to account for 25-30 per cent of its total two-wheeler sales in the next two to three years, according to Managing Director Sudarshan Venu. …

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Categories Automobile

TVS Share price: Bikes will retake pre-covid peak in two years: TVS

by Adesola Mojo
TVS Share price: Bikes will retake pre-covid peak in two years: TVS

Two-wheeler sales in India will surpass pre-Covid peak either this fiscal year or the next, Sudarshan Venu, managing director at TVS Motor Company, said, indicating a broad-based revival in the …

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Categories Automobile

Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%

by Adesola Mojo
Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%

Sales of passenger vehicles in the local market increased by 8.4% to its highest-ever mark at 4.22 million units in the financial year concluded March 31, 2024 powered by better …

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Categories Automobile

Auto sales India: Auto sales grow 3.1% in March, PVs and CVs fall 6% each ahead of Lok Sabha elections: FADA

by Adesola Mojo
Auto sales India: Auto sales grow 3.1% in March, PVs and CVs fall 6% each ahead of Lok Sabha elections: FADA

Auto retails in March registered a growth of 3.14 per cent on a year-on-year basis even as passenger vehicles, commercial vehicles and tractors saw a decline, Federation of Automobile Dealers …

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Categories Automobile

two-wheeler sales: India’s motorcycle and scooter sales likely crossed pre-Covid levels in FY 23-24

by Adesola Mojo
two-wheeler sales: India’s motorcycle and scooter sales likely crossed pre-Covid levels in FY 23-24

Motorcycle and scooter sales in India likely grew in double-digits in the financial year 2023-24, crossing pre-Covid levels, buoyed by sustained revival in demand in both urban and rural markets. …

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Categories Automobile

Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

by Adesola Mojo
Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

As per data collated by Federation of Automobile Dealers Association (FADA) from the VAHAN portal of the Ministry of Road, Transport and Highways (MoRTH) as many as 2,127,653 vehicles were …

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Categories Automobile

Vehicle retail sales in India surge 21.14% in December, two-wheeler segment leads growth

by Adesola Mojo
Vehicle retail sales in India surge 21.14% in December, two-wheeler segment leads growth

As many as 1,990,915 vehicles were retailed last month, which is a growth of 21.14% over 1,643,514 units sold in the same period a year earlier, shows data collated from …

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Categories Automobile

two-wheeler sales: ET Explainer: Why are two-wheeler sales picking up in rural markets when other categories are under stress?

by Adesola Mojo
two-wheeler sales: ET Explainer: Why are two-wheeler sales picking up in rural markets when other categories are under stress?

A sharp rise in two-wheeler prices, along with the economic impact of the pandemic, which hit the incomes of consumers at the lower end of the market the hardest, had …

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Categories Automobile
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