Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand

Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand

New Delhi: Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending across sectors after a two-year post-pandemic boom. While industry body Society of Indian Automobile Manufacturers (SIAM) will issue official sales data only later … Read more

Passenger vehicle sales drop for first time in 2.5 years

Passenger vehicle sales drop for first time in 2.5 years

Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending across sectors after a two-year post-pandemic boom. While industry body Society of Indian Automobile Manufacturers (SIAM) will issue official sales only later this month, industry … Read more

Maruti Suzuki ordered to refund car’s price as airbag did not deploy during accident

Maruti Suzuki ordered to refund car’s price as airbag did not deploy during accident

A consumer panel in Kerala has ordered automobile giant Maruti Suzuki India Limited to refund the price of a car they sold to a customer as its airbag did not deploy during an accident three years ago. The Malappuram District Consumer Commission issued the order based on a complaint filed by Mohammed Musliar, a native … Read more

kerala budget 2024: Kerala Budget: Here’s what gets costlier after budget announcement

kerala budget 2024: Kerala Budget: Here’s what gets costlier after budget announcement

The Communist Party of India (Marxist) government in Kerala has announced an increase in liquor prices and judicial court fees in order to generate additional funds for development works. The excise duty on Indian-made foreign liquor (IMFL) has been raised by Rs 10 per litre, with the aim of generating revenue of Rs 200 crore. … Read more