Indian vehicle sales rise 17.1 percent in September on easier credit and holiday buying

October 14th, 2009 Retail sales fall 1.5 percent in SeptemberWASHINGTON — Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. The Commerce Department says retail sales dropped 1.5 percent last month.

October 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).

October 9th, 2009 General Motors says China sales set new recordBEIJING — General Motors Co. said Friday it set a sales record in China in September and total sales for the first nine months of the year rose 55 percent to nearly 1.3 million vehicles.

October 8th, 2009 Retailers report September sales declinesNEW YORK — Early September reports from retailers show weak sales as shoppers cut back on fall clothing purchases amid worries about jobs and tight credit. As stores announce their results, Thursday, teen retailers Wet Seal Inc.

October 8th, 2009 Many retailers report September sales declinesNEW YORK — A late Labor Day and delayed school openings offered some relief to merchants in September, helping to boost sales above Wall Street expectations. But spending still remains tepid as consumers focused on necessities amid job worries and tight credit.

October 5th, 2009 Caris analyst predicts strong same-store salesNEW YORK — Shares of major department-store operators rose on Monday amid positive comments from an analyst who predicted strong same-store sales in September. The broader market rose, as well.

October 1st, 2009 September Auto Sales: Porsche Cars North AmericaATLANTA — Porsche Cars North America Inc. said Thursday its September auto sales rose 8 percent, the second month in a row Porsche reported a rise.

September 16th, 2009 White House may extend homebuyer tax creditWASHINGTON — The White House is considering extending an $8,000 tax credit for first-time homebuyers. Spokesman Robert Gibbs says the administration's economic team is evaluating the tax credit's impact on new home sales and will make a recommendation to the president.

September 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.

September 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.

August 3rd, 2009 Cash for Clunkers boost Ford's July sales 1.6 pctDETROIT — Ford Motor Co. says July sales rose nearly 1.6 percent over the same month last year as the government's wildly successful "cash-for-clunkers" program gave the automaker a significant boost.

June 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.

May 11th, 2009 Indian vehicle sales up 1.1 percent in AprilMUMBAI, India — India's vehicle sales continued to rise in April, growing 1.1 percent from the year before to 165,539 units, while exports surged, according to industry figures released Monday. Sales of passenger cars rose 4.36 percent, to 135,697 units, while commercial vehicle sales fell 11.25 percent, to 29,842 units, the Society of Indian Automobile Manufacturers said.

April 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.

January 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.