German car maker BMW on Wednesday reported 13.8 per cent dip in its sales at 9,641 units in India last year as compared with 11,105 units in 2018.The luxury automaker despatched 9,000 BMW and 641 Mini units in 2019.
Bajaj's total domestic sales were down 15 per cent at 1,53,163 units as compared to 1,80,351 units in the year-ago month, it added. Motorcycle sales in domestic market were 1,24,125 units last month as against 1,57,252 units in December 2018, down 21 per cent, it added.
Nissan Motor India on Wednesday reported a 49 percent rise in its domestic sales at 2,169 units in December. The company said it exported 10,791 units in December, registering its highest-ever monthly shipment in 5 years.
British premium bike maker Triumph Motorcycles expects India sales to grow 5-10 per cent in the 12-month period ending June 2020 on the back of new products, which are expected to make up for the low offtake in first half of the year, according to a senior company official.
After announcement of waiver of tag cost from November 21, there has been a growth in FASTag issuance, it said adding that FASTag is accepted on more than 560 toll plazas and more number of plazas are getting added on a daily basis.
Domestic car sales were down 6.34 per cent to 1,73,649 units as against 1,85,400 units in October 2018, according to data released by the Society of Indian Automobile Manufacturers (Siam).
The company, which primarily makes two-wheelers and three-wheelers, had sold 3,98,427 units in the same month last year, TVS Motor Company said in a statement.
Maruti Suzuki, India's biggest car manufacturer has managed to give its sales numbers a boost in the Diwali festive season. Maruti, which was struggling because of the overall slowdown in the auto sector has managed to rack up some solid numbers.
Passenger vehicle sales, which were in the doldrums since late last year, have shown positive sales trajectory this year in comparison to the off-take witnessed during Dhanteras 2018.
Prolonged weak domestic demand and falling prices have forced the Sajjan Jindal-led alloy major JSW Steel to revise its production and sales guidance by nearly 3 per cent.
Passenger car sales were down 33.4 per cent to 1,31,281 units last month as against 1,97,124 units in September 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Friday.
Luxury carmaker Mercedes-Benz India on Wednesday reported a 15.89 per cent fall in sales in the first nine months (January-September) of the year at 9,915 units as compared with 11,789 units in the same period last year.
German luxury carmaker Mercedes-Benz said on Tuesday that it has delivered over 200 cars of various models to customers in Mumbai, Gujarat and other cities in a single day as part of the festival season sale.
During the January-June period of 2018, sales were recorded at 72,438 units. Compared to the previous six months of July-August 2018, the sales in the first half of 2019 rose by 8 percent, according to JLL's half-yearly report.
The company is still hopeful that sales will revive due to favourable indicators on monsoon and expected actions by the new government. In April, HCIL reported 23 per cent increase in domestic sales at 11,272 units as against 9,143 units in the same month last year.
The company had sold 40,158 units in December 2017, HMIL said in a statement.
The Delhi-NCR witnessed sales of 31,550 units during January-September 2018 as against 29,400 units in the corresponding period of the previous year.
Online channels will see around 42 per cent of the total business in smartphones, which will hog the limelight this festival season.
The company had sold 42,207 units in the same month last year, M&M said in a statement.
Honda Motorcycle India, crosses 5 lakh sales mark and becomes number one two-wheeler brand in South India. Expanded production capacity in Narsapura plant in Karnataka, the largest two-wheeler production plant in the world.
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