Election uncertainty dampens auto sales: FADA

[ad_1] Improved vehicle supply and strategic planning in the two-wheeler (2W) segment have led to an increase in customer bookings and favourable crop yields have improved market sentiment, the Federation of Automobile Dealers Associations (FADA) said on Wednesday. In the...

Domestic automobile retail sales surged by 27 per cent in April: FADA

[ad_1] Passenger vehicle retail sales in India rose 27 per cent year-on-year to 22,06,070 units in April as all segments, including passenger vehicles and two-wheelers, witnessed growth, industry body FADA said on Wednesday.Also read: Passenger vehicle sales edge up in...

High GST rate is a big factor in low sales of entry-level cars: FADA

[ad_1] Goods and services tax (GST) should come down to at least 18 per cent for automobiles, as it is one of the main reasons for small cars and entry-level two-wheelers not picking up sales, Manish Raj Singhania, President, Federation...

Top two-wheeler players Hero MotoCorp, HMSI lose market share as others, EV makers gain

[ad_1] The top two two-wheeler players, Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI), lost market share in FY24 even though they sold more vehicles last year compared with the previous year. Also read:Ola, TVS, Hero MotoCorp, others get...

Passenger, two-wheeler inventory dip in March: FADA

[ad_1] With sustained demand owing to the wedding season, and entry-level pickup, the passenger vehicle and two-wheeler inventory levels saw a dip in March. The passenger vehicle inventory was between 40- 45 days while the two-wheeler inventory was between 10-12 days...

PV Waiting Period in India Returns to Pre-Covid Levels

[ad_1] The passenger vehicle (PV) waiting period in the domestic market has come to the pre-Covid levels with around three lakh units in the backlog, which is an average waiting time of around 26 days, industry veterans said on Thursday.“The...

Rural resilience to power two-wheeler market surge in March: FADA

[ad_1] The robust signals from the rural sector, coupled with increased demand for premium and entry-level segments, are set to bolster the two-wheeler (2W) market in March, an industry body said on Thursday.Similarly, both the three-wheeler (3W) and commercial vehicle...