September retail sales lowest in 9 months and down 9%, OEMs target festive October to revive demand

September turned out to be a poor month for India Auto Inc with the lowest retail sales in the first nine months of this year. At a combined 17,23,330 units for two- and three-wheelers, passenger vehicles, commercial vehicles and tractors, September 2024 numbers are a sharp 9.26% year-on-year decline, and an 8.89% decline month on… Continue reading September retail sales lowest in 9 months and down 9%, OEMs target festive October to revive demand

September retail sales lowest in 9 months and down 9%, OEMs target festive October to revive demand

September turned out to be a poor month for India Auto Inc with the lowest retail sales in the first nine months of this year. At a combined 17,23,330 units for two- and three-wheelers, passenger vehicles, commercial vehicles and tractors, September 2024 numbers are a sharp 9.26% year-on-year decline, and an 8.89% decline month on… Continue reading September retail sales lowest in 9 months and down 9%, OEMs target festive October to revive demand

September retail sales lowest in 9 months and down 9%, OEMs target festive October to revive demand

September turned out to be a poor month for India Auto Inc with the lowest retail sales in the first nine months of this year. At a combined 17,23,330 units for two- and three-wheelers, passenger vehicles, commercial vehicles and tractors, September 2024 numbers are a sharp 9.26% year-on-year decline, and an 8.89% decline month on… Continue reading September retail sales lowest in 9 months and down 9%, OEMs target festive October to revive demand

Maruti Grand Vitara gets more than Rs 1.03 lakh off this month

Maruti Suzuki Nexa dealers are offering attractive discounts on almost all models this month. As compared to last month, discounts are slightly lower on some models, including the Grand Vitara, Jimny and Fronx. The flagship Invicto, which was offered with discounts for the first time in September, continues to get attractive offers this month. Read… Continue reading Maruti Grand Vitara gets more than Rs 1.03 lakh off this month

2Ws and tractors are poised for significant growth between FY24-FY26: Report

Domestic two-wheeler volumes are estimated to grow by approximately 15% YoY in Q2FY25, driven by improved rural demand, continued urban interest, and accessible financing options. The auto sector is projected to experience 8% year-on-year (YoY) growth in revenue and earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the second quarter of FY25, according to… Continue reading 2Ws and tractors are poised for significant growth between FY24-FY26: Report

Top 5 two-wheeler OEMs target festive fervour, dispatch 1.85 million units to dealers in September

The Indian two-wheeler industry is going all out to tap demand in the ongoing festive season. The top five manufacturers for September 2024, as per their company releases, have dispatched a total 18,58,831 units to their dealers in September 2024, up 16.46% YoY (April-September 2023: 15,96,095 units). As per wholesales data from apex industry body,… Continue reading Top 5 two-wheeler OEMs target festive fervour, dispatch 1.85 million units to dealers in September

Suzuki GSX-8R priced at Rs 9.25 lakh

Suzuki has launched the all new GSX-8R in India and it is set to compete with the Triumph Daytona 660, Aprilia RS 660 and Kawasaki Ninja 650.  Powering the GSX-8R is a 776cc parallel twin motor that produces 82hp and 78Nm. This motor also powers the Suzuki V-Strom 800DE but is in a different state of tune… Continue reading Suzuki GSX-8R priced at Rs 9.25 lakh

Suzuki GSX-8R priced at Rs 9.25 lakh

Suzuki has launched the all new GSX-8R in India and it is set to compete with the Triumph Daytona 660, Aprilia RS 660 and Kawasaki Ninja 650.  Powering the GSX-8R is a 776cc parallel twin motor that produces 82hp and 78Nm. This motor also powers the Suzuki V-Strom 800DE but is in a different state of tune… Continue reading Suzuki GSX-8R priced at Rs 9.25 lakh

High inventory levels stifle sales in September, carmakers target festive season for growth

September turned out to be just like August, a tepid month which saw the top three passenger vehicle manufacturers register a year-on-year wholesales decline. While Maruti Suzuki’s dispatches to showrooms were down 4%, Hyundai Motor India posted a 6% reduction in volumes and Tata Motors 8 percent. Tata Motors’ much-reduced volumes meant that M&M, which… Continue reading High inventory levels stifle sales in September, carmakers target festive season for growth

Maruti, Hyundai, Tata Motors report decline in wholesales in Sep

The automaker had dispatched 20,022 units to dealers in September 2023. Maruti Suzuki, Hyundai and Tata Motors reported a decline in wholesales in September as the companies curtailed dispatches to dealers to reduce inventory build-up amid a decline in demand. Maruti Suzuki India reported a 4 % dip in total domestic passenger vehicle wholesales last… Continue reading Maruti, Hyundai, Tata Motors report decline in wholesales in Sep