Cars, durables to be costlier from January as govt ends excise sop

Last Updated: Tuesday, December 30, 2014, 16:13

Come New Year, the prices of automobiles and consumer durables will go up as the government Tuesday decided not to extend the reduced excise duty rates provided to these sectors beyond Dec 31.

Lower fuel cost, excise duty relief propel car sales in Nov

Last Updated: Tuesday, December 9, 2014, 10:51

After declining for two months in a row, car sales in India rose by 9.5 percent in November, propelled by lower fuel prices and continued relief in excise duty.

High rates, prices push back hopes of auto sales recovery

Last Updated: Tuesday, October 1, 2013, 16:37

Automakers have pinned their hopes on strong demand during the key festive months between September and December, considered to be auspicious by Indians for making big-ticket purchases.

Discounts galore as car-makers try to woo customers

Last Updated: Sunday, July 14, 2013, 12:14

Reeling under prolonged spell of declining sales, major car makers in India are offering a variety of schemes, ranging from cash discounts to buyback benefits to special interest rates, to bring back customers back to the showrooms.

Car sales plunge after 10 yrs; fall 7% in 2012-13

Last Updated: Wednesday, April 10, 2013, 15:02

The decline in passenger car sales last fiscal was also the steepest in the past 12 years when the segment declined by 7.73 percent in 2000-01.

SUV surge no bubble; sustained moderate growth likely

Last Updated: Thursday, April 4, 2013, 13:11

According to SIAM data, Passenger Cars segment has shrunk from 78.9 percent in FY11 to 70.6 percent till February 2013. In the same period, UV and multi-purpose vehicles (MPVs) segment has grown from 21.1 to 29.4 percent.

Robust SUV sales to boost passenger car market

Last Updated: Wednesday, April 3, 2013, 12:27

Several new models are scheduled to be launched in the UV space in the near term.

Volvo Auto aims 20,000 annual car sales in 5 years

Last Updated: Friday, March 15, 2013, 20:43

The company sold 821 cars in 2012, up from 320 units in the previous calendar year.

Indian auto market size to triple to 9.3 mn units by 2020

Last Updated: Tuesday, March 12, 2013, 14:40

Car sales in India may be on a downslide at present but global marketing information services company JD Power believes that the total automobile market size will triple to 9.3 million units by 2020.

FY'13 car sales forecast cut to 0-1%: SIAM

Last Updated: Wednesday, January 9, 2013, 18:38

The downward projection reflects severe slowdown in the industry across the segments.

India outdoes most peers in BRIC block in car sales growth

Last Updated: Friday, October 12, 2012, 18:15

Penetration levels of vehicles is very low in India when compared to any other country since even Srilanka and Pakistan also have higher vehicle penetration than us.

India outdoes most peers in BRIC block in car sales growth

Last Updated: Tuesday, July 31, 2012, 15:14

Penetration levels of vehicles is very low in India when compared to any other country since even Srilanka and Pakistan also have higher vehicle penetration than us.