Society Of Indian Automobile Manufacturers
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Domestic passenger vehicle sales drop 6.2% in January on subdued consumer demand: Industry body
•Domestic passenger vehicle sales declined 6.2 percent in January as vehicle demand continued to be stressed by rising cost of ownership and slower GDP growth, automobile industry body SIAM said on Monday
Domestic car sales decline by 8.4% to 1.42 lakh units in December; two-wheeler sales down 17%: SIAM
101 India •Domestic passenger vehicle sales declined 1.24 percent to 2,35,786 units in December from 2,38,753 units in the year-ago period
Domestic car sales decline by 11% to 1.60 lakh units in November; motorcycles sales plunge 15%: SIAM
•Vehicle sales across categories registered a decline of 12.05 percent to 17,92,415 units from 20,38,007 units in November 2018
Passenger vehicle sales drop 24% in September, 11th consecutive month of decline in off-take
•Domestic passenger vehicle sales dropped by 23.69 percent in September to 2,23,317 units, down from 2,92,660 units in the year-ago period, making it the 11th consecutive month of decline in vehicle off-take
Auto sector slowdown: Ola, Uber may not be that strong a factor for decline in car sales, says Maruti Suzuki
Fp Staff •India’s monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to the Society of Indian Automobile Manufacturers,
'Oxygen crisis as millennials inhale more air?': With #BoycottMillennials, Twitter trolls Nirmala Sitharaman's 'mindset of millenials' remark
Fp Staff •Meanwhile, the Sitharaman's statement holding millennials responsible for the slowdown in auto sector didn't go down well with netizens. The remark triggered a whirlpool of reactions on Twitter, with Indians mocking the "millennial blaming" ideology.
Nirmala Sitharaman blames 'millennial mindset' for car sector slowdown, but who's at fault for drop in truck sales?
Dinesh Unnikrishnan123 •Even if app-based car renting services are picking up to the scale of upsetting the car sales market, as Sitharaman claims, that doesn’t justify such a sharp decline.
Auto sector slowdown: Passenger vehicle sales decline for 10th straight month; log worst-ever fall of 31.57% in August
Fp Staff •India's domestic passenger vehicle sales fell for the tenth straight month in August, declining 31.57 percent to 1,96,524 units from 2,87,198 units in the year-ago period
Indian auto industry growth story about to collapse: Tata Motors CEO and Managing Director Guenter Butschek
•Indian automobile industry growth story is about to collapse due to ongoing slump triggered by a variety of factors, including low consumer sentiment and non-availability of liquidity, Tata Motors CEO and Managing Director Guenter Butschek said on Thursday
Economic slowdown impact: Mahindra and Mahindra defers Rs 1,000-cr capex plan by year
•Owing to the slowdown in the automobile industry, Mahindra & Mahindra has deferred its planned capex of around Rs 1,000 crore by a year, which, if not reversed within this fiscal, would lead to more job losses in the sector, the company's MD Pawan Goenka said on Thursday