Auto sales up 14 percent in first half this fiscalOctober 13th, 2009 NEW DELHI - Total automobile sales increased 14.51 percent between April and September this fiscal over that in the corresponding period last fiscal, as per data released by an industry body Tuesday. Sales of passenger vehicles grew 13.46 percent in the period under review, but that of commercial vehicles slid 0.52 percent, according to the Society of Indian Automobile Manufacturers (SIAM).
Indian vehicle sales rise 17.1 percent in September on easier credit and holiday buyingOctober 13th, 2009 Indian vehicle sales rise 17 percent in SeptemberMUMBAI, India — India's auto sales rose 17.1 percent in September from a year earlier to 212,975 vehicles, as holiday buying, easier credit and rising consumer confidence fueled growth in India's auto sector. Sales of passenger cars rose 20.6 percent, to 129,683 units, while the recovery in commercial vehicle sales gathered pace, with growth of 6.5 percent, to 45,451 units, the Society of Indian Automobile Manufacturers said
This marks the eighth month of recovery for Indian car sales, which began to turn in February thanks to government stimulus measures and resilient domestic demand.
India logs 26 percent spurt in car salesSeptember 8th, 2009 NEW DELHI - Even as auto companies worldwide are in a slump, India saw a 25.59 percent growth in the sale of passenger cars in the domestic market in August, compared to the like month of last year, industry data showed Tuesday. According to the Society of Indian Automobile Manufacturers (SIAM), 120,669 units were sold last month, compared to 96,082 units in August 2008.
Domestic car sales up nearly 26 percentSeptember 8th, 2009 NEW DELHI - After a period of gloom, the auto industry bounced back in August, registering a 25.59 percent growth in domestic passenger car sales, as compared to the year-ago period, industry data released Tuesday showed. According to the Society of Indian Automobile Manufacturers (SIAM) data, 120,669 units were sold last month, compared to 96,082 units in August 2008.
China's July auto sales up 64 percent to 1.1 million, outpacing US monthly sales againAugust 7th, 2009 China's July auto sales up 64 percentBEIJING — China's auto sales surpassed the United States' again in July, jumping 64 percent over a year earlier to 1.1 million vehicles as sales tax cuts and government subsidies spurred demand, according to data reported Friday. The figures are a boost to global automakers that are looking to China to drive revenues amid sluggish demand elsewhere.
Ford says China sales up 14 percent in first half on strong passenger car demandJuly 6th, 2009 Ford says China sales up 14 percent in first halfBEIJING — Ford Motor Co. said its sales in China surged 14 percent in the first half of 2009, another positive sign for global automakers that are counting on China to drive revenues as they struggle in North America.
China passenger vehicle sales surge 47 percent in May as incentives entice buyersJune 9th, 2009 China auto sales surge 47 percent in MaySHANGHAI — China's passenger car sales shot up nearly 47 percent in May to 829,100 units, buoyed by tax cuts and other government incentives, the China Association of Automobile Manufacturers reported Tuesday. But a month-to-month rebound in U.S.
India's passenger vehicle sales inch upJune 8th, 2009 NEW DELHI - India's passenger vehicle sales grew a marginal 1.68 percent in April-May to about 275,000 units from nearly 272,000 units sold in the corresponding period last year, according to an industry body. Sales, however, dropped to a little below 141,000 units in May from about 142,000 sold in the like month last year, figures released MOnday by Society of Indian Automobile Manufacturers (SIAM) said.
India's passenger vehicle sales continue erratic run (Lead)June 8th, 2009 NEW DELHI - Continuing the erratic growth cycle registered in the past five months, India's passenger car sales fell by almost 0.8 percent in May to about 140,500 units, compared to the near 142,000 units sold in the corresponding month last year. While passenger car sales were up about 4.2 percent in April and almost 15 percent in February, the industry had contracted by about 1.15 percent in March and 3.2 percent in January, data released Monday by Society of Indian Automobile Manufacturers (SIAM) said.
GM May sales drop 29 percent, but show improvement over April levelsJune 2nd, 2009 May Auto Sales: General MotorsDETROIT — General Motors Corp. said Tuesday that its May U.S.
China's retail sales jump, industrial output slows as economy awaits recoveryMay 13th, 2009 China retail sales jump, industrial output slowsSHANGHAI — Resilient demand from Chinese shoppers helped push retail sales up 14.8 percent in April, but a paltry rise in industrial output sapped hopes for a fast recovery. The mixed signals were typical of the data for April, when exports plunged while investment soared — casting doubt on claims the economy is poised for a return to faster growth in the second half of the year, as many economists forecast.
Maruti sales jump 15 percent in AprilMay 1st, 2009 NEW DELHI - The country's largest passenger car manufacturer Maruti Suzuki India Ltd Friday reported 15 percent growth in its sales, at 71,748 units sold in April as compared to 62,336 units in the corresponding period previous year. 'This is the fourth consecutive month of sales crossing the 70,000 units mark,' a company statement said.
Backed by stimulus steps, auto sector posts marginal growthApril 8th, 2009 NEW DELHI - India's auto industry, which was hit hard by the global financial crisis that started in mid-2008, ended last fiscal with a marginal 0.7 percent growth in sales, thanks to the government's stimulus measures. The auto makers sold 97,23,391 vehicles in 2008-09, up from 96,54,435 units the year before, data released Wednesday by the Society of Indian Automobile Manufactures (SIAM) said.
Tata Motors February sales down 19.1 percentMarch 3rd, 2009 NEW DELHI - Auto major Tata Motors Monday said its last month sales went down 19.1 percent to 43,807 vehicles as against 54,181 units in February 2008. The company said in a statement that its commercial vehicles sales went down 25 percent, while the passenger vehicles sales reported a marginal year-on-year growth of 1.5 percent.
Commercial vehicle sales worst hit in DecemberJanuary 11th, 2009 NEW DELHI - The struggling auto industry continued to tumble for the fourth consecutive month with the commercial vehicle (CV) sales for December dipping 58.2 percent and overall sales declining 18.2 percent year-on-year, data released Monday showed
According to the data released by the Society of Indian Automobile Manufacturers (Siam), auto-makers sold 17,920 commercial vehicles in December 2008 as against 42,961 units the year before marking a 58.2 percent dip in sales, the worst in 11 years. The passenger car segment showed some signs of picking up with a 6.9 percent decline in year-on year sales, much below the 24 percent recorded last month.
Loading ...