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Car Wholesales Rise By 3% But Retail Sales Drop By 7% In April-June 2024
Dealers are currently sitting on an unsold car inventory of nearly 7 lakh units.
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Auto Dealers Should Also Have Vehicle Scrapping Facilities: Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari on Thursday said dealers of automobiles should also open vehicle scrapping facilities.
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Electric Passenger Vehicle Market Share in India Doubled in March 2023: FADA
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. According to FADA's data for electric vehicles, retail sales of electric pass...
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Goyal Aluminiums to Set Up Rs. 200 Crore EV Plant in Greater Noida, Plans to Engage 150 Dealers by 2024
Goyal Aluminiums has plans to invest Rs. 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. "Goyal Aluminiums...is gearing up to set up a new electric vehicle manufacturing plant with an investment of Rs 200 crore," a company spokesperson told PTI on Wednesday.
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Retail Vehicle Sales In August Witnessed 8% Growth: Dealers Body
Retail vehicle sales for the month of August 2022 saw year-on-year growth of 8 per cent, said the Federation of Automobile Dealers Associations (FADA).
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Passenger Vehicle Sales Rise By 11% In July As Chip Supply Improves
Passenger vehicle dispatches to dealers in India rose by 11 per cent year-on-year in July 2022 helped by improvement in semiconductor supplies, as per data released by automobile manufacturing body SIAM on Friday.
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China-Taiwan Tussle May Result In Semiconductor Shortage: Auto Dealers' Body
With potential risks of Taiwan-China tussle escalating, the threat of key raw material for automobile manufacturing -- semi-conductor -- shortage is once again looming, said Federation of Automobile Dealers Associations of India on Thursday.
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Auto Dealers' Body Expects Array Of Vehicle Launches Ahead Of Festival Season
Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season compared to the last two years when Covid-19 pandemic overshadowed the festive cheer.
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Buying Used Cars From A Dealer Vs An Individual Seller - Which Is Better?
Planning to buy a used car? Well you can either get one from an organised dealer, or buy it from an individual owner. Both options have their own Pros and Cons, and we going to tell you about them.
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Adishwar Auto Ride Partners With Zontes Motorcycles To Bring Range In India
Zontes Motorcycles offers a host of products ranging between 125 cc to 312 cc. The brand plans to bring at least five products to India that will be sold through an independent dealer network.
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AGCO Ransomware Attack Disrupts Tractor Sales During U.S. Planting Season
AGCO Corp said a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season.
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Firefox Aims To Strengthen Its Position In India With E-Cycles And Network Expansion
Firefox Bikes plans to launch at least 2 to 3 e-cycles in India by the end of this calendar year, and the first one will be launched as early as July 2022.
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Volkswagen Virtus Enters India Book Of Records After Kerala Dealer Delivers 150 Units In A Single Day
The record has been awarded to EVM Motors & Vehicles Pvt. Ltd. in Kerala, for delivering the maximum number of single model sedans in a day by any dealership across India. The Volkswagen Virtus was launched in India on June 9, 2022.
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Skoda Auto India's Sales & Service Network Crosses 205 Outlets
In December 2021, Skoda had around 175 touchpoints in India, across 117 cities, and over the last six months the company has added over 30 outlets to its network. The company is now targeting 250 touchpoints by the end of 2022.
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Passenger Vehicles Wholesales Saw Two-Fold Jump In May
Passenger vehicle dispatches to dealers in India rose over two-fold last month on a low base of Covid-19-hit May last year
-
Car Wholesales Rise By 3% But Retail Sales Drop By 7% In April-June 2024
Dealers are currently sitting on an unsold car inventory of nearly 7 lakh units.
-
Auto Dealers Should Also Have Vehicle Scrapping Facilities: Nitin Gadkari
Union Road Transport and Highways Minister Nitin Gadkari on Thursday said dealers of automobiles should also open vehicle scrapping facilities.
-
Electric Passenger Vehicle Market Share in India Doubled in March 2023: FADA
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. According to FADA's data for electric vehicles, retail sales of electric pass...
-
Goyal Aluminiums to Set Up Rs. 200 Crore EV Plant in Greater Noida, Plans to Engage 150 Dealers by 2024
Goyal Aluminiums has plans to invest Rs. 200 crore to set up an electric vehicle (EV) manufacturing plant in Uttar Pradesh. "Goyal Aluminiums...is gearing up to set up a new electric vehicle manufacturing plant with an investment of Rs 200 crore," a company spokesperson told PTI on Wednesday.
-
Retail Vehicle Sales In August Witnessed 8% Growth: Dealers Body
Retail vehicle sales for the month of August 2022 saw year-on-year growth of 8 per cent, said the Federation of Automobile Dealers Associations (FADA).
-
Passenger Vehicle Sales Rise By 11% In July As Chip Supply Improves
Passenger vehicle dispatches to dealers in India rose by 11 per cent year-on-year in July 2022 helped by improvement in semiconductor supplies, as per data released by automobile manufacturing body SIAM on Friday.
-
China-Taiwan Tussle May Result In Semiconductor Shortage: Auto Dealers' Body
With potential risks of Taiwan-China tussle escalating, the threat of key raw material for automobile manufacturing -- semi-conductor -- shortage is once again looming, said Federation of Automobile Dealers Associations of India on Thursday.
-
Auto Dealers' Body Expects Array Of Vehicle Launches Ahead Of Festival Season
Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season compared to the last two years when Covid-19 pandemic overshadowed the festive cheer.
-
Buying Used Cars From A Dealer Vs An Individual Seller - Which Is Better?
Planning to buy a used car? Well you can either get one from an organised dealer, or buy it from an individual owner. Both options have their own Pros and Cons, and we going to tell you about them.
-
Adishwar Auto Ride Partners With Zontes Motorcycles To Bring Range In India
Zontes Motorcycles offers a host of products ranging between 125 cc to 312 cc. The brand plans to bring at least five products to India that will be sold through an independent dealer network.
-
AGCO Ransomware Attack Disrupts Tractor Sales During U.S. Planting Season
AGCO Corp said a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season.
-
Firefox Aims To Strengthen Its Position In India With E-Cycles And Network Expansion
Firefox Bikes plans to launch at least 2 to 3 e-cycles in India by the end of this calendar year, and the first one will be launched as early as July 2022.
-
Volkswagen Virtus Enters India Book Of Records After Kerala Dealer Delivers 150 Units In A Single Day
The record has been awarded to EVM Motors & Vehicles Pvt. Ltd. in Kerala, for delivering the maximum number of single model sedans in a day by any dealership across India. The Volkswagen Virtus was launched in India on June 9, 2022.
-
Skoda Auto India's Sales & Service Network Crosses 205 Outlets
In December 2021, Skoda had around 175 touchpoints in India, across 117 cities, and over the last six months the company has added over 30 outlets to its network. The company is now targeting 250 touchpoints by the end of 2022.
-
Passenger Vehicles Wholesales Saw Two-Fold Jump In May
Passenger vehicle dispatches to dealers in India rose over two-fold last month on a low base of Covid-19-hit May last year
