Dealers say that the full-year outlook remains negative with a projected contraction in retail sales of 15-35 per cent across segments, save tractors, which look set to clock a positive annual......
At the end of May, out of 26,500 outlets about 60 per cent showrooms and 80 per cent workshops were operational across the country. Retail sales of passenger cars dropped by 86.97 per cent and......
Automobile dealers' body FADA said the Budget lacked immediate demand boosters for the automobile industry. Illustration: Dominic Xavier/Rediff.com Automobile industry on Saturday said the Budget......
While commercial vehicle (CV) sales were the worst hit, down by 21 per cent to 67,793 units from 85,833 units, two-wheeler sales dropped by 16 per cent to 12,64,169 units from 15,00,545 units.......
Retail sales of passenger vehicles - the largest component of the pie - jumped 11 per cent year-on-year in October to 248,036 units, largely because of discounts offered during Navratri and Diwali.......