Report Wire

Tag: auto sales

  • Bajaj Auto gross sales up 6% to three,75,017 items in February

    Bajaj Auto on Monday reported 6 per cent rise in whole gross sales at 3,75,017 items in February, as in opposition to 3,54,913 items in the identical month final 12 months.
    Total home gross sales declined by 2 per cent to 1,64,811 items final month, as in comparison with 1,68,747 items bought in February 2020, Bajaj Auto stated in a regulatory submitting.
    Bajaj Auto’s whole two-wheeler gross sales had been up 7 per cent to three,32,563 items, as in comparison with 3,10,222 items within the year-ago month.

    Overall business autos gross sales declined by 5 per cent at 42,454 items final month, as in comparison with 44,691 items within the year-ago interval.
    Bajaj Auto stated its whole exports final month rose 13 per cent to 2,10,206 items, as in comparison with 1,86,166 items in February 2020.

  • First time in FY21: Retail auto gross sales submit development in December

    While wholesale despatches have proven development for the previous few months, retail vehicle gross sales registered development in December — first time to date this fiscal.
    According to knowledge launched by the Federation of Automobile Dealers Associations (FADA) on Monday, retail gross sales throughout classes grew 11 per cent throughout December on a year-on-year (y-o-y) foundation.
    The development was on the again of an excellent crop season, higher provides within the two-wheeler phase, new launches each in passenger automobile in addition to two-wheeler segments and a worry of worth improve in January.

    While retail gross sales of PV had proven development in earlier months additionally, December for the primary time noticed gross sales of two-wheelers transfer into the constructive territory, rising by 12 per cent y-o-y.
    The gross sales development isn’t a surprise as being the calendar 12 months ending month sellers clear their shares as shoppers favor new 12 months manufactured automobiles. To push gross sales in the course of the month each producers and sellers provide reductions that are higher than earlier months. —FE

  • Passenger car retail gross sales improve 24% in December: Dealers’ physique FADA

    Automobile sellers’ physique FADA on Monday mentioned passenger car (PV) retail gross sales in December witnessed a year-on-year improve of 23.99 per cent to 2,71,249 items.
    According to the Federation of Automobile Dealers Associations (FADA), which collected car registration information from 1,270 out of the 1,477 regional transport places of work (RTOs), PV gross sales stood at 2,18,775 items in December 2019.
    Two-wheeler gross sales elevated 11.88 per cent to 14,24,620 items final month, as in comparison with 12,73,318 items in December 2019.

    Commercial car gross sales, nonetheless, slipped 13.52 per cent to 51,454 items in December 2020, as towards 59,497 items a yr in the past.
    Similarly, three-wheeler gross sales fell 52.75 per cent to 27,715 items final month, from 58,651 items in December 2019.
    Tractor gross sales, nonetheless, grew by 35.49 per cent to 69,105 items final month, towards 51,004 items in the identical month of 2019.

    Total gross sales throughout classes elevated 11.01 per cent to 18,44,143 items final month in comparison with 16,61,245 items in December 2019.

  • MG Motor gross sales improve 33% to 4,010 models in December

    MG Motor India on Friday mentioned its gross sales rose by 33 per cent to 4,010 models in December, 2020 as in comparison with 3,021 models in the identical month a 12 months in the past.
    The firm bought 3,430 models of Hector, 458 models of Gloster and 122 models of ZS electrical automobiles final month.
    “We have ended the year on a high note with customers continuing to choose the best-in-class premium products from MG’s stable. Going forward, we will have more excitement for the customers in January. We expect the momentum to continue as the MG brand enters more markets in 2021,” MG Motor India Director – Sales Rakesh Sidana mentioned.
    The carmaker mentioned will probably be taking preventive annual upkeep shutdown at its Halol manufacturing facility in Gujarat throughout the first 10 days of January, which might have an effect on its manufacturing throughout the month.
    This coupled with lockdown restrictions may hamper provide chain as nicely, the automaker famous.

    The firm mentioned it continues to ramp up the manufacturing of its premium SUV Gloster and hopes to stabilise the manufacturing by March 2021.
    It has acquired 3,000 bookings and retailed 1,085 models of the Gloster in two months, it added.