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Two-wheeler sales data throws light on how Covid hit lower middle class harder
The ratio of two-wheeler sales to PVs at a historic low of 4.4x in the first five months of FY22.
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Customers may have to wait longer for Maruti Suzuki cars
Maruti Suzuki produced 1.7 lakh units in July but it was slashed to 1.33 lakh units in August
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Here’s why Maruti Suzuki may see lowest production in July-Sept quarter
The global semiconductor shortage has forced the carmaker to further slash its output.
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Maruti Suzuki hikes prices across models from Sept 1
The company said that due to an increase in various input costs, the price of vehicles was severely affected over the past year.
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CCI slaps Rs 200 crore fine on Maruti Suzuki
The regulator said that the fine has been slapped for "indulging in anti-competitive conduct of Resale Price Maintenance in the PV segment
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Bank of Maharashtra to provide loans to buy Tata Motors’ vehicles
Bank of Maharashtra will give loans of up to 90% of the on-road price of the vehicle to individuals and up to 80% to corporate clients
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Passenger vehicle wholesales in India rise 45% in July: SIAM
Two-wheeler dispatches from the OEMs to dealerships declined by 2% to 12,53,937 units in July, compared to 12,81,354 units in the year-ago period
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Maruti reports 58% increase in July production
However, the number of vehicles manufactured in July this year remained on the lower side as compared to July 2018
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Looking to buy a Tata Motors car? Here’s an important update
The hike comes in the backdrop of the automaker's aim to offset the steep rise in procurement cost of essential materials
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Covid-19 impact | Consumers desert showrooms as auto sales skid in April
"Even where dealerships are open, the walk-ins have dropped to 30% and customers are delaying their purchase decisions," said FADA President Vinkesh G
