Most OEMs have posted double digit sales growth compared to last year as April 2021 was a washout month.
April CV sales 30 percent lower compared to March 2022.
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Rising fuel prices and an uptick in sales especially in the cargo segment thanks to the demand for higher uptime have contributed to sales.
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Maruti and Bajaj Auto exports hit record levels and helped cushion poor domestic sales.
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The surge in sales can be attributed to availability of more products in the market, high fuel prices, state subsidies and sops offered under FAME I...
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The Indian automotive retail sales in the year FY22 saw an uptick of 7 percent with overall sales of 16,375,799 units, compared to 15,274,314 units fo...
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Higher fuel prices and inflationary pressures affected sales in FY22 even as two-wheeler OEMs had to cope with supply-side headwinds.
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Buoyant demand hit by supply-side constraints like chip shortage.
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While on the hand, there are definitive signs of revival in growth, the impact of the rise in diesel prices needs to be monitored closely for the CV s...
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Fuel prices, insurance costs, shortage of chips continue to keep retail sales muted.
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In February, the overall commercial vehicle sales came at 72,434 units, a growth of 25 percent YoY (February 2021: 57,944 units), but just 3 percent h...
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UVs had a good run in the 10-month period April to January 2022
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The hike in the covid cases and state-wise lockdowns have affected the sales performance of the two-wheeler market. With almost all major OEMs posting...
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OEMs continue to face challenges on the production front
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Rural demand impacted by the second wave of Covid-19 is yet to recover.
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Though Covid-led challenges and semi-conductor crunch continues, the CV segment clocked 7 percent higher sales YoY at 63,631 units.
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OEMs ride wave of continued demand; last 5.5 million sales have come in just six years.
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In the first 11 months of 2021, TVS has sold nearly 3 million units – 19,65,368 in India (up 8%) and 10,08,875 overseas (up 79%) – with December numbe...
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Demand for both CNG and electric models grows three-fold; diesel sales down by nearly 40% and its market share by 30%.
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At Rs 63.50 a kg, CNG turns costlier by 22% in three months; PV and 3W OEMs which are seeing strong demand could be impacted in the long term
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