The company saw its PV sales rising a 4% YoY on discount-driven demand during the monthThe overall on-year growth in December sales was driven by sales of utility vehicles and three-wheeler models
2 min read1 Jan 2020In March 2019, sales of cars, motorcycles, scooters, CVs and tractors fell in comparison to March 2018Sales have fallen for two consecutive months, something which did not happen during the last five years
2 min read15 Apr 2019The sharp decline in medium and heavy commercial vehicle sales in November was most glaring compared to other auto segments
1 min read5 Dec 2018The high growth rates in commercial vehicle sales and the high base may see demand moderate over the next 12-18 months
2 min read27 Nov 2018Almost 100% of all heavy truck sales are financed by NBFCs, which are currently facing a liquidity crunch as a fallout of the IL&FS crisis
3 min read21 Nov 2018Domestic passenger vehicle sales were up by 11% at 18,290 units last month as compared to 16,475 units in October 2017
1 min read1 Nov 2018Rising auto fuel prices and high base in the year-ago period led to decline. SUV sales also fell 8.2% last month
1 min read13 Oct 2018High base effect, muted demand amid Kerala floods weigh on automakers
2 min read11 Sep 2018Domestic car sales were up 34.21% to 1,83,885 units as against 1,37,012 units in June 2017, according to SIAM data
1 min read10 Jul 2018Analysts' forecast a low double-digit growth in truck sales in FY2019 due to moderation in the second half, that too if rural buoyancy and infrastructure growth continue
2 min read7 May 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared