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Total 534 results found. Search for [ automobile sales decline ]

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Reuters
June 18, 2021
Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is likely to be led by small, affordable cars - a sector dominated by homegrown leader Maruti Suzuki and rival Hyundai


Sumant Banerji
June 10, 2021
Passenger vehicle sales saw a 63.7 per cent drop at 85,733 unit sales while two wheelers registered a 71 per cent decline at 410,757 units. Similarly, commercial vehicles were down 77 per cent at 17,534 units


BusinessToday.In
May 12, 2021
Supply chain related production challenges continue with the lockdown restrictions in many parts of the country. In the three-wheeler category, 13,728 units were sold in April 2021 compared to 31,930 units sold in March, thereby showing a 57.01 per cent decline


Sumant Banerji
May 10, 2021
Every segment of the industry registered a steep decline in sales except tractors that bucked the trend and continued to post solid growth. Registration of PVs was down 14%, two-wheelers by over 31%, three-wheelers by 64% and commercial vehicles by 49% in April 2020 over April 2019


Team BT
New Delhi, April 29, 2021
Industrialised states like Maharashtra, Gujarat and Delhi have been the most affected in the second Covid wave, resulting in large-scale migration of labour and posing a bumpy road ahead for businesses


Niti Kiran
New Delhi, April 29, 2021
Corporate earnings growth is likely to accelerate in the last quarter of FY21, but resurgence of Covid cases could cloud the outlook for FY22


PTI
April 24, 2021
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research said


Sumant Banerji
April 14, 2021
Two and three-wheeler EV sales accounted for nearly 96 per cent of all EV sales in the country in FY21 even as the share of three-wheeler, due to the slump in sales, has declined to 65 per cent from 83 per cent


BusinessToday.In
April 13, 2021
The survey showed deterioration in business leaders' outlook for the June quarter of the current fiscal. In four out of five parameters, respondents gave lower ratings than the previous survey


PTI
April 13, 2021
All customers who plan to buy new cars this month on the auspicious occasion of these festivals could avail the benefits at all authorised company dealerships till April 30, the automaker said in a statement


Sumant Banerji
April 12, 2021
Yet, this was the second straight year of double-digit decline in the auto industry. The low base helped prop up numbers in one quarter but makes the narrative even more worrisome for the full year


BusinessToday.In
April 12, 2021
Total CV sales declined 20.77 per cent to 5,68,559 units in FY21 as against 7,17,593 units in 2019-20, as per the data released by the Society of Indian Automobile Manufacturers.


Sumant Banerji
April 10, 2021
The entry level Alto, which has been India's best-selling car in India since 2004-05 when it overtook Maruti 800, has in fact slipped to the fourth spot in the list, its worst position in nearly two decades


BusinessToday.In
April 8, 2021
While the volume gains in January-March are attributable to low base of March 2020, there has also been a sequential recovery in demand across sectors.


Sumant Banerji
April 8, 2021
The figures for March, which has come at a time when Covid cases are once again rising and the country is in the grip of a second wave, only points towards a darkening of the clouds


Niti Kiran
New Delhi, March 31, 2021
Retail ownership of top 500 stocks of BSE saw a sequential decline in December quarter. Is their interest waning?


Sumant Banerji
New Delhi, March 31, 2021
A sharp increase in global crude oil prices has pushed retail rates of petrol and diesel to historic highs. Taxes are partly to be blamed, but reducing excise duties may not be easy for a cash-strapped government


Niti Kiran
March 10, 2021
On Wednesday, the benchmark indices ended higher for the third consecutive session and the Nifty was up 76.40 points or 0.51 per cent at 15,174.8.  Among sectors, metals, IT, pharma and auto gained the most while PSU bank fell marginally


Manoj Sharma
March 10, 2021
In fiscal year so far, auto industry sold 1.9 crore units against 2.4 crore during same period previous year, marking an 18.92 per cent decline. Three-wheeler sale saw biggest 69.77 per cent decline, followed by two-wheelers at 17.69 per cent


Sumant Banerji
March 9, 2021
Sales had grown for the first time in this fiscal in December only to decline again in January


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