The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), highlights the sales data released by Society of Indian Automobile Manufacturers (SIAM) on Friday.
The global sales of the luxury segment of Tata Motors, Jaguar Land Rover, reported a positive growth in sales on Monday for the first quarter (April-June) of 2024
Sales of Tata Motors' passenger vehicles, including the electric vehicles, have slumped in the month of June and the corresponding quarter, data released by the automaker showed on Monday
India's automotive sector experienced mixed fortunes in June 2024, with Maruti Suzuki and Mahindra & Mahindra (M&M) reporting growth, while Hyundai Motor India Limited (HMIL) saw a slight dip in their sales figures.
The passenger vehicle sales of Mahindra and Mahindra in June 2024 saw a significant surge with an increase of 23 per cent compared to the same month last year.
Analysts project a mixed performance with two-wheeler (2W) volumes showing resilience, while passenger vehicles (PVs) and commercial vehicles (CVs) are expected to see slight declines. Tractor volumes are likely to remain flat during this period.
According to the report. this forecast comes in the wake of a 7.4 per cent increase recorded in FY24, reflecting a noticeable slowdown from the preceding years.
While the sales of two-wheelers have seen a significant rise in the month of May 2024, sales of passenger cars have dropped by over 11 per cent, according to the data released by the Society of Indian Automobile Manufacturers (SIAM)
India's retail auto sector registered 2.61 per cent growth Y-o-Y in May, highlights Federation of Automobile Dealers Associations (FADA) in its vehicle retail data on Monday.
Amid a significant surge being witnessed in India's passenger vehicle sales, four major automobile companies have released their car sales numbers for the three months of April-June 2024.
Delhi-NCR [India], May 23: Minda Corporation Limited (referred to as "Minda Corp" or the "Company"; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda today announced its financial results for the fourth quarter and Financial year ended March 31, 2024.