registrations

Maruti to follow registrations on Vahan for monthly sales reporting

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Maruti to follow registrations on Vahan for monthly sales reporting

In a first, Maruti Suzuki has started preparations for reporting its monthly sales based on vehicle registrations, shifting from the current practice of announcing factory despatches to dealers every month, said people aware of the development. India’s largest carmaker plans to report sales data based on its vehicle registrations on the Ministry of Road Transport … Read more

car inventory: Car dealers may end up with 400K unit inventory

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car inventory: Car dealers may end up with 400K unit inventory

Carmakers expect to face a record stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car despatches to dealers outpacing demand, passenger vehicle registrations, taken as a proxy for retail sales, are also expected to fall by 5% in May from … Read more