May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the now-concluded Lok Sabha elections, auto body FADA said on Monday. However, they saw a rise of 2.6 per cent on an annual basis.Sales of two-wheelers … Read more

Maruti Suzuki auto sales: Maruti Suzuki sales drop 2 pc to 1.75 lakh units in May

Maruti Suzuki India on Saturday reported 2 per cent year-on-year dip in total wholesales at 1,74,551 units in May 2024. The company had dispatched a total of 1,78,083 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales rose marginally to 1,44,002 … Read more

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

Pre-owned car market expected to touch 1.09 cr units by FY28: Report

India’s pre-owned cars sales market is expected to reach 1.09 crore units with value more than doubling to USD 73 billion by FY28, according to the latest Indian Blue Book (IBB) report. In FY23, the pre-owned cars sales in India stood at about 51 lakh units. The domestic used car industry was valued at USD … Read more

20 Memorial Day Beauty Sales You Absolutely Do Not Want to Miss in 2024

Editor’s note: Sale prices reflect the highest discount available. Unless noted otherwise, no code is required for the following sales. Amazon is the place to shop for pretty much anything, but right now, the hair tools section is where it’s at. Save on the iconic Beachwaver in this stunning colorway or one of our favorite … Read more

India PV sales: Ignored by desis, small cars are driving Made in India ambitions elsewhere

The average Indian in 2024 might prefer to buy a tank-sized automotive beauty with all the frills over a smaller car. However, what the desis seem to be rejecting, are turning out to be the backbone of India’s car exports. The SUV breeze has affected the sales of smaller cars and sedans in India over … Read more

Suzuki says will continue to expand SUV portfolio to recover market share in India

New Delhi/Tokyo: Japanese car maker Suzuki Motor Corporation on Monday said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment. The company, which currently has around 58 per cent stake in Maruti Suzuki India, said its net sales increased by 732.6 billion yen (15.8 … Read more

varun beverages q1 results: Varun Beverages Q1 Results: PAT jumps 25% YoY to Rs 548 crore; revenue rises 11%

Varun Beverages on Monday reported a consolidated net profit of Rs 548 crore, rising 25% year-on-year (YoY) for the quarter ended March 31, 2024, as compared to Rs 439 crore reported in the year-ago period. The revenue from operations for the reported quarter stood at Rs 4,398 crore which was up by 11.2% YoY over … Read more

Maruti Suzuki: Partho Banerjee on Maruti Suzuki, demand for premium hatchbacks & post poll policies

Partho Banerjee, Head, Sales & Marketing, Maruti Suzuki, says “as of today, we do not see any supply issues and to be very honest with regard to the market, since right now we are going through the election phase, once the government is formed, how the policies are going to be formulated and other things … Read more

Why Maruti Suzuki remains bullish on small car segment

Small cars sales in the local market will revive in the next couple of years on back of economic growth and improvement in income levels of customers at the entry-level, the country’s largest carmaker Maruti Suzuki said, adding it expects to capitalise on the growth in the segment going ahead with most competitors exiting the … Read more