Auto Retail Sales Down By 5% At 12,96,257 Units: FADA
The primary reason for the retail sales sliding into the negative territory is that the two-wheeler segment saw a dip of 12% at 9,14,621units in September 2021 while it sold 10,33,895 units in the same month last year.
EV Retail Sales Swells To 34,216 Units In September 2021
EV registrations in Sept- 2021 were driven by e2W and passenger-type e3W, which accounted for 92% of total registrations in the month. These categories are followed by cargo-type e3W (5%), electric car (4%) and so on.
Marred By Chip Shortage PV Sales Slide 28.7% in September, Bleak Festive Season Expected
The passenger vehicle segment, which grew by 11% in August, slipped by 28.7% in September to close at 185,953 units, as compared to 259,981 units in the same month last year.
Auto Sales September 2021: CV Segment To Shine, PV Volumes Likely To Hit By Chip Shortage Albeit High Demand
According to various channel checks, commercial vehicle volumes are aided by tippers, ICVs and some replacement demand for multi-axle vehicles (MAVs). Over 2.1 million E-way bills are generated per day, which is higher than pre-COVID levels, clearly showing the economic activity's revival, leading to the mobilisation of trucks. Hence the demand is picking up.
Ford Pulling The Plug On Indian Market – Its Impact, Implications
This very drastic step has been brewing in Ford’s boardrooms for some time due to consistent fall in its sales. It did not have products to compete with the Japanese and Korean carmakers.
August Auto Sales Slide by 11.35% Due To Strong Double-Digit Decline in 2Ws
The overall fall in sales is the result of the 2W segment facing tremendous pressure owing to high fuel inflation and escalating cost of ownership (due to commodity price pressures).
Auto Retail Sales Up 14.48% In Aug, Low Inventory Levels Likely To Dampen Festive Sales
PV dealers continue to face the problem of the supply mismatch due to a shortage of semiconductors in a few brands. Also, the non-availability of the fast-moving variants in the PV segment is a major challenge, due to which the apex body for automotive dealers, FADA, warns of a lacklustre festive season.
EV Retail Sales Touches 28,906 Units In August 2021
E2Ws largely drove the EV sales in August at 51.5%, followed by passenger e3Ws, which contributed 39.3%, and cargo e3Ws contributed to only 5.2%.
On A Tightrope, PV Sales Climb 11% In August 2021
PV sales is walking on a tightrope as numerous challenges are posed on the production of vehicles, such as the rising input cost of raw materials and shortage of semiconductors.
Hyundai, Kia Corner One in Every Three Utility Vehicles Sold in India
Hyundai Motor India and Kia India have benefitted from the right product placement. Their sub-compact and mid-sized SUVs account for about 80% of the total UV market in India.