Dealers say drop is less on account of real lack of demand and more to do with supply side constraints as manufacturers are unable to make as many vehicles as required due to a global shortage of semiconductors

Maruti Suzuki's pre-owned car unit True Value celebrates the sales of 4 million pre-owned cars from a network of independent outlets across the country, MSI said in a statement

Maruti Suzuki has also partnered with ALD Automotive India - the operational leasing and fleet management business line of the Societe Generale Group - for its subscription programme

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In December, Reuters reported that the Apple is moving forward with self-driving car technology and is aiming to as early as 2024 produce a passenger vehicle that could include its own breakthrough battery technology

In a year when the overall economy was battered by the pandemic, almost all cars in the top 10 list registered a decline in sales. The only exception was new entrant Kia Seltos where a year on year comparison isn't possible as it was launched only in August 2019

The company had produced a total 1,15,949 units in the same month of 2019, Maruti Suzuki India (MSI) said in a regulatory filing

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The country's largest carmaker Maruti Suzuki India (MSI) reported 17.8 per cent increase in sales in December at 1,46,480 units as against 1,24,375 units in December 2019

Domestic sales increased 17.8 per cent to 1,46,480 units last month as against 1,24,375 units in December 2019, Maruti Suzuki India (MSI) said in a statement

In a tough year, with the odds stacked against him, Kenichi Ayukawa ensured Maruti Suzuki stayed on course and ahead of its peers

Maruti Suzuki share gained 1.88% to Rs 7,852 against previous close of Rs 7,707 on BSE

Over the past year, cost of the company's vehicles have been impacted adversely due to increase in various input costs, Maruti Suzuki India said in a regulatory filing

Passenger vehicles production stood at 1,46,577 units last month as compared with 1,39,084 units in November 2019, a growth of 5.38 per cent

This is the first time since June that Maruti has registered a monthly fall in sales confirming the worst fears that the revival in demand for automobiles witnessed during the middle of the year was unsustainable and largely due to pent up demand

Mahindra's latest off-roader Thar, launched in India on October 2, has received good response from the market with bookings of over 20,000 units and a waiting period stretching up to seven months

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Two other cars -- Hyundai Grand i10 Nios and Kia Seltos were also tested and though they fared better than the S-Presso, none of them managed to get a very high rating

Maruti Suzuki reported a 17.6% growth in sales of passenger vehicles at 163,656 units in October; all manufacturing, sales and service operations continue to take place fully consistent with all safety requirements for employees and customers, says Maruti

Maruti Suzuki posted total sales of 182,448 units which included 6,037 units of the Baleno and Brezza models that it supplied to Toyota Kirloskar Motor Ltd and 9,586 units that it exported during the month