Automotive Industry news and views

Indian truck rentals decline between five-six percent on trunk routes in November 2012

Automotive News by Jayashankar Menon on Dec 2 2012

The blessing in disguise for the Indian truckers has been the burgeoning cargo offering from wheat and rice exports.

Guest Driver Jeffry John Kruger snatches pole position of the last qualifier of this season of Polo R Cup 2012

Automotive News by Jayashankar on Dec 2 2012

Ameya Walavalkar and Saurav Bandyopadhay will start third (clocked 2.027 seconds behind the leader) and fourth respectively.

Tata Motors posts sale of 66,500 units in November 2012

Automotive News by Jayashankar on Dec 2 2012

Tata Motors' commercial vehicles in November 2012 in the domestic market were 44,323 units, compared to 44,732 vehicles, sold in November last year.

CII business delegation to Vietnam to forge strong trade ties

Automotive News by Jayashankar Menon on Dec 2 2012

Indo-Vietnam bilateral trade to touch $ 7 billion by 2015.

Renault India clocks a sales of 6,607 units in November 2012

Automotive News by Jayashankar Menon on Dec 2 2012

Renault India Private Limited, the Chennai-based subsidiary of French car major Renault SAS continued to be on a steady growth, recording a sales of 6,607 units in November 2012 as against the sales of 6,790 units in the year ago period.

VE Commercial Vehicle sales records a growth of ten percent in November 2012 at 3,565 units

Automotive News by Jayashankar Menon on Dec 1 2012

Indian automotive firm, VE Commercial Vehicles (VECV) today said reported a 9.76 percent increase in its total sales at 3,565 units in November 2012.

Maruti Suzuki India posts 12 percent increase in sales in November 2012 at 1,03,200 units

Automotive News by Jayashankar Menon on Dec 1 2012

India's largest car manufacturer, Maruti Suzuki India Limited, yesterday reported 12.45 percent rise in its total sales at 1,03,200 units in November this year as against the sales of 91,772 vehicles in the year ago period.

India Yamaha Motor posts 33 percent domestic sales growth in November 2012

Automotive News by Jayashankar Menon on Dec 1 2012

India Yamaha Motor, the subsidiary of the Japanese two wheeler major Yamaha Motor Co posts positive sales numbers on the back of new prodcut launch and enhanced customer connect initiatives.

Sales of TVS Motor decline by two percent at 1,71,837 units

Automotive News by Jayashankar Menon on Dec 1 2012

Total two-wheeler sales of the Chennai-based TVS Motor Company decline by 3.5 percent, while the sales of three-wheeler increase by 87 percent.

Indian auto sales continue to be sluggish in November 2012

Automotive News by Jayashankar Menon on Dec 1 2012

Poor consumer sentiments, coupled with humungous interest rates and rising fuel prices have marred the festive gains made by Indian automobile manufacturers.

Mahindra’s Auto Sector registers 18 percent growth during November 2012 at 40,722 units

Automotive News by Jayashankar Menon on Dec 1 2012

Mahindra & Mahindra Ltd, India’s leading SUV manufacturer, today announced a 18 percent rise in its auto sales numbers, which stood at 48,143 units during November 2012 as against 40,722 units during November 2011.

Hyundai India maintains growth in January-November 2012 sales

Automotive News by Jayashankar Menon on Dec 1 2012

Adverse market conditions continues to affect demand of the Korean car market as well.

Ford India reports marginal increase in its total sales in November 2012 at 10,155 units

Automotive News by Jayashankar Menon on Dec 1 2012

The Chennai-based Ford India today reported a marginal increase in its total sales in November 2012 at 10,155 units as against 10,091 units in the year ago period.

Toyota India November 2012 sales dip 26 percent at 10,352 units

Automotive News by Jayashankar Menon on Dec 1 2012

Toyota Kirloskar Motor (TKM) sold 10,352 units in November 2012 as compared to 13,956 units in the corresponding month last year, showing a sales decline of 26 percent.

High interest rate, sagging economy hurts demand for cars in India, says Ford India

Automotive News by Jayashankar Menon on Nov 30 2012

The Chennai-based Indian arm of the US car manufacturer, Ford said humungous interest rates, along with economic slowdown have hurt the market sentiments, further impacting car sales in the short run.