Search For "vehicle sales"
Synergy Steels Celebrates India's EV Push- Stainless Steel Sector Eyes Maj
Updated : 1 year, 1 month ago IST
New Delhi [India], February 7: The anticipated increase in India's adoption of electric vehicles (EV), with EV sales forecasted to reach 30-35% of annual vehicle sales by FY30, according to SBI Capital Markets (SBICAPS), creates a large window of opportunity for the stainless steel indust
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Income tax cuts in union budget to boost 2-wheeler and passenger vehicle s
Updated : 1 year, 1 month ago IST
Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
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TVS Motor Company's Sales Grow By 17% in January 2025
Updated : 1 year, 1 month ago IST
Bengaluru (Karnataka) [India], February 1: TVS Motor Company recorded monthly sales of 397,623 units in January 2025 with a growth of 17% as against 339,513 units in the month of January 2024.
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Auto industry witnesses 11.6% YoY increase in domestic sales in CY 2024: S
Updated : 1 year, 1 month ago IST
Demonstrating resilience and growth, the domestic automobile sales recorded a surge of 11.6 per cent, standing at over 2.54 crore units in calandar year (CY) 2024, compared to about 2.28 crore, as per the data released by Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
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18 per cent GST on sale of old cars, including EVs, applicable only to reg
Updated : 1 year, 2 months ago IST
At the GST Council meeting on Saturday, the council recommended 18 per cent GST on the margin of sale of all old and used vehicles, including EVs. Earlier different rates of GST were leviable on old vehicles and old EV sales.
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PV domestic sales rise 4% in Nov; two and three-wheeler segments witness d
Updated : 1 year, 3 months ago IST
The total passenger vehicle dispatches from companies to dealer witnessed a 4.1 per cent increase year on year in November to 3,47,522 units, according to a data released by Society of Indian Automobile Manufacturers (SIAM).
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Spectacular jump in electric vehicle sales under PM E-DRIVE scheme
Updated : 1 year, 3 months ago IST
PIB India posted, "PIB India Posted on X, "Spectacular jump in electric vehicle sales. PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, which came into effect on October 1, will remain in force till March 31, 2026. The primary goal of this scheme is to acce
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Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Novemb
Updated : 1 year, 3 months ago IST
India's passenger vehicle market witnessed varied performance across major automakers in November 2024.
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Two-wheeler strong, PVs subdued while CVs sales were flat in October: Repo
Updated : 1 year, 4 months ago IST
The country's automobile industry reflects a varied performance across different segments in October sales with impressive growth in two wheelers, modest gain passenger vehicle and subdued performance in commercial segment.
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Ashok Leyland truck sales declined but buses showed growth of 8 pc in Oct
Updated : 1 year, 4 months ago IST
The domestic sales of trucks of Ashok Leyland declined by 13 per cent in October Y-o-Y while the sales of buses registered a growth of 8 per cent, as per the sales number released by the company on Monday.
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Tata Motors sees 19 % drop in Commercial Vehicle sales; 6 % dip in Passeng
Updated : 1 year, 5 months ago IST
The company reported total sales of 2,15,034 vehicles, reflecting a 12 per cent decline compared to 2,43,024 units sold during the same period last year. The drop in sales was attributed to underperformance in both the commercial vehicle (CV) and passenger vehicle (PV) segments.
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August passenger car sales drop 1.8% in India, two-wheelers register 9.3%
Updated : 1 year, 6 months ago IST
Total passenger vehicle sales in India declined 1.8 per cent in August to 352,921 units, as against 359,228 units same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.
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