According to Federation of Automobile Dealers Association, two-wheeler sales increased by 5 per cent to 13,34,941 units in October as compared with 12,70,261 units in the year-ago period

There are numerous reasons for this mess. To begin with, retail prices of petrol and diesel hit record highs in October 2018 due to high international crude oil prices

Even in the passenger vehicle segment, the heavy lifting was done by utility vehicles that saw a 22 per cent increase in sales, thanks to new products like the Kia Seltos, MG Hector, Hyundai Venue, Maruti XL6 and Mahindra XUV3OO

Passenger vehicle sale: Auto companies sold a total of 2,85,027 passenger vehicles in October, against 2,84,223 in the same month last year

Typically, the industry reports wholesale figures on the first of every month, which essentially signifies the number of cars dispatched by each manufacturer from their factories to the dealerships

SIAM, FADA fight over monthly Indian automobile sales numbers

India's dairy, steel, textile, MSME and e-commerce companies, along with advocacy groups pushing for data sovereignty, want the government to reject RCEP drafts

September is traditionally not the best month for vehicle sales due to the 15-day inauspicious shradh period. Sales were also impacted by the uncertainty over a possible GST cut that never came

The electric Bajaj Chetak scooter will initially be available only in Pune and Bangalore. The company did not divulge the price of the vehicle yet but managing director Rajiv Bajaj said it would be priced competitively

It is raining deals as automakers, dealers and banks want to boost a sluggish market; here is a handy guide to help you with the best deals and loan offers

Hyundai Motor India Ltd (HMIL) led the segment, followed by Ford India and Maruti Suzuki India (MSI) at second and third positions respectively.

Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company.

RCEP meet: India had proposed certain tweaks in the negotiating text of electronic commerce during the 9th Intersessional Ministerial Meeting that began in Thailand on Friday.

Proposed mega trade deal RCEP should not lead to job losses, and hurt the government's Make in India initiative, auto industry body SIAM cautioned on Friday ahead of the trade ministers' meeting of the bloc in Bangkok

The slowdown in the industry is largely on account of a bad festive season last year which led to the problem of higher inventories, tight liquidity with banks as a fallout of the NBFC crisis and an overall sluggish economy

BSE auto index fell 3.8 per cent to close at 15,783.39, as against 1.73 per cent decline in the BSE Sensex. Meanwhile, the Nifty Auto index ended at 7,020.75, down 3.83 per cent, as compared to 1.69 per cent fall in Nifty 50 index

The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98

The country's largest car-maker Maruti Suzuki India (MSI) saw its market share dip by over 2 percentage points during the period under review and slip below 50 percent in the domestic passenger vehicle segment in April-August

They also advised the supplier to cut costs in the right places and review planned manufacturing to survive the slump.