Passenger vehicle sales drop 1% in May
Due to the extreme heat which broke records, the number of walk-ins to showrooms dropped by around 18%.
Due to the extreme heat which broke records, the number of walk-ins to showrooms dropped by around 18%.
Maruti Suzuki India Ltd's domestic passenger vehicle wholesales came in flat at 1.44 lakh units in May 2024 as against 1.43 lakh units in the same month last year.
India's largest carmaker is not giving up on entry-level small cars.
The divergence between affluent and broad-based household demand persists, says UBS.
Price hikes in small cars due to regulations are quite steep whereas salary hikes have not happened to that extent, says Maruti Suzuki senior executive Partho Banerjee
Sajjan Jindal says JSW MG Motor India will disrupt the auto industry
Strong growth prospects should produce a sustained increase in car sales to 6 million by the end of the decade, says Moody's
Several automakers on Monday announced their plans to raise prices by January 2024.
Bharat NCAP has already received requests to test 30 models from automakers ahead of its launch, says Nitin Gadkari.
Severe monsoons and flood-like situations impacted sales