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Sunday, June 20, 2021

auto sector

AUTO SECTOR NEWS

Production halt, lockdown bumpers dent passenger vehicle sales to near 1-year low

June 02, 2021 12:43 am

While industry leader Maruti Suzuki India Limited announced sale of 32,903 units in May, which was lowest since May 2020 when the company sold 13,865 units, the second-largest manufacturer, Hyundai Motor India, sold 25,001 units during the month — an 11-month low.

How Mazda rode out the pandemic while rivals slipped

May 28, 2021 12:18 pm

Mazda — the 13th-ranked carmaker in America — was one of just three to increase sales last year.

Electric two-wheelers to account for 8-10% of new sales by 2025; three-wheelers to chip in 30%: ICRA

May 26, 2021 4:16 pm

Globally, EVs now account for 4.4 per cent of new car sales during CY2020 and their share is likely to cross 5 per cent level this calendar year, as per ICRA.

Auto industry has a major role to play in India’s economic growth

April 16, 2021 8:52 am

The industry has the potential to compete with global leaders. It must work with the government to grow by 10-12 per cent per year for the next 10 years, and more importantly, grow responsibly.

Car crashes in world’s oldest nation spur changes by automakers

January 19, 2021 9:56 am

Last year, Toyota upgraded its Safety Sense offering. The technology is designed to prevent or mitigate frontal collisions as well as keep drivers within their lane.

First time in FY21: Retail auto sales post growth in December

January 12, 2021 12:31 am

According to data released by the Federation of Automobile Dealers Associations (FADA) on Monday, retail sales across categories grew 11 per cent during December on a year-on-year (y-o-y) basis.

Passenger vehicle retail sales increase 24% in December: Dealers' body FADA

January 11, 2021 3:25 pm

Two-wheeler sales increased 11.88 per cent to 14,24,620 units last month, as compared to 12,73,318 units in December 2019.

Automakers seek relief on new fuel efficiency, emission norms

January 11, 2021 4:05 am

Terming the recent growth in PV sales as a false euphoria, the industry has now requested the government to defer the implementation of fuel efficiency norms and second stage of emission norms to April 2024, in a bid to keep the cost of acquisition stable.

Passenger vehicle wholesale in India up 14% in October: SIAM

November 11, 2020 2:11 pm

According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also rose 16.88 per cent to 20,53,814 units, compared with 17,57,180 units in the same month last year.

October sales rise for automakers, festive buying propels domestic numbers

November 02, 2020 10:52 am

During the Navratri period, while MSI retailed nearly 60 per cent of its total domestic sales in October, Hyundai retailed nearly 50 per cent of its domestic sales in the 10-day period.