Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

Maruti leads drop in Indian carmakers’ sales to dealers in July as demand cools

India’s top three carmakers by sales, on Thursday, reported a drop in car sales to domestic dealers in July as pent-up demand from last year began to taper off. Hyundai Motor India’s sales to dealers dropped 3.3% in July, the first decline in the fiscal year that started in April. Tata Motors’ sales slid by … Read more

Mahindra: Indian carmakers post SUV-led June sales growth amid heat waves

Mahindra: Indian carmakers post SUV-led June sales growth amid heat waves

BENGALURU: Carmakers Mahindra & Mahindra and the Indian units of Toyota Motor Corp and Kia Motor reported higher car sales in June, boosted by demand for sports utility vehicles (SUV) even as heat waves weighed on purchase decisions. Each month, automobile makers in India release wholesale numbers, or vehicle sales, to dealers. The sales numbers … Read more

SUV launches jam sales highway as sedans and hatchbacks take a backseat

SUV launches jam sales highway as sedans and hatchbacks take a backseat

Indian carmakers have rolled out more sports utility vehicles than all other types of passenger vehicles combined in the last two years and the trend is likely to continue with many new SUVs proving instant hits. The number of SUV launches hit a new high this calendar year at 108, reaching the three-figure mark for … Read more