Sep car sales disappoint again, up just 0.7%; bikes jump 17%

According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in last month grew by 17.44 percent to 8,85,117 units from 7,53,693 units in the same month previous year.

FP Archives|Dec 20, 2014, 23:25:11 IST

New Delhi: Domestic passenger car sales grew by 0.73 percent to 1,56,018 units in September this year compared to 1,54,884 units in the same month of 2012.

[caption id="attachment_1103227" align="alignright" width="380"] Reuters[/caption]

Total two-wheeler sales in September 2013 grew by 18.39 percent to 12,65,704 units from 10,69,069 units in the same period of previous year.

Total sales of commercial vehicles were down by 26.95 percent to 51,680 units from 70,746 units in the year-ago period, SIAM said.

Total sale of vehicles across categories registered a growth of 11.64 percent to 15,80,254 units in September 2013 as against 14,15,526 units in the same month of 012, it added.

Google burns cash for first time as AI spending pushes 2026 capex to $205 billion

Google parent Alphabet reported negative free cash flow of $5.9 billion in the second quarter for the first time since going public, as surging AI infrastructure spending pushed its 2026 capital expenditure forecast to as much as $205 billion

6 min read

Tesla sells more cars but makes less money: Why Musk’s AI pivot is squeezing profits

Tesla’s record Q2 deliveries failed to translate into higher profits as price cuts, falling regulatory-credit revenue and Elon Musk’s aggressive AI spending squeezed margins and pushed the EV maker into negative free cash flow

5 min read

No premium queues, 30-minute target: What changes for Indian passport applicants in UAE

Indian passport applicants in the UAE can now access passport, visa and attestation services through Alhind’s 16 centres, with no premium queues, a Dh19 service fee and a target of completing applications within 30 minutes

4 min read

Bharat Forge, Flying Whales sign pact to develop 60-tonne airships for India’s defence logistics

Bharat Forge has signed an MoU with Flying Whales to jointly develop and manufacture 60-tonne heavy-lift airships in India for defence logistics, strategic mobility and disaster response

3 min read

Air India to cut Delhi-Toronto flight time by 3 hours, resume non-stop services from August 1

Air India will resume non-stop Delhi-Toronto flights from August 1, cutting travel time by nearly three hours and deploying its new Boeing 787-9 Dreamliner on the route

2 min read

Up Next