automobile sales

South Korea’s auto sales tumble


September 3rd, 2012 - 5:44 pm ICT by IANS
Seoul, Sep 3 (IANS) South Korea's automobile sales tumbled 7.1 percent last month from a year earlier due to weak demand at home and abroad caused by economic slowdown as ... Read more...

Posted in Business |

Slowdown, inflationary pressures affect automobile sales in August (Roundup)


September 1st, 2012 - 9:34 pm ICT by IANS
New Delhi/Chennai, Sep 1 (IANS) Production losses at Maruti Suzuki, high interest rates and rising fuel prices resulted in lower sales for the auto industry in August.Crippled by a lockout ... Read more...

Posted in Business |

China’s auto sales up nearly three percent


July 11th, 2012 - 9:27 pm ICT by IANS
Beijing, July 11 (IANS) China's automobile sales hit 9.6 million units in the first half of 2012, up 2.93 percent year-on-year, the auto industry association said Wednesday.Sales of passenger vehicles ... Read more...

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South Korea’s auto sales grow


July 2nd, 2012 - 6:49 pm ICT by IANS
Seoul, July 2 (IANS) South Korea's automobile sales grew 8.9 percent in the first half of this year from a year earlier as strong overseas sales offset weak domestic demand, ... Read more...

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‘Automobile sales to rise 10-12 percent in 2012-13′


April 10th, 2012 - 7:33 pm ICT by IANS
New Delhi, April 10 (IANS) The Indian automobile industry is expecting a 10-12 percent rise in sales in fiscal 2012-13 from the 17,376,624 units sold in 2011-12 on better macro-economic ... Read more...

Posted in Business |

South Korea’s auto sales rebound


March 2nd, 2012 - 4:38 pm ICT by IANS
Seoul, March 2 (IANS) South Korea's automobile sales rebounded last month as domestic sales were enhanced amid rising working days, carmakers said Friday.Global car sales by the nation's five automakers, ... Read more...

Posted in Business |

Vehicle sales up 8.45 percent in December


January 10th, 2012 - 10:38 pm ICT by IANS
New Delhi, Jan 10 (IANS) Total vehicles sales across categories grew by 8.45 percent in the month of December at 14,13,709 units from 13,03,516 units in December 2010, the Society ... Read more...

Posted in Business |

Strike, interest rates dampen automobile sales


November 1st, 2011 - 9:02 pm ICT by IANS
New Delhi/Chennai, Nov 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

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Slowdown in auto sales temporary: Minister


September 7th, 2011 - 11:28 pm ICT by IANS
New Delhi, Sep 7 (IANS) The slowdown in automobile sales is a temporary phenomenon and domestic demand is robust, Heavy Industries Minister Praful Patel said Wednesday."The high-interest rates environment has ... Read more...

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SIAM hopes auto sales will pick up from mid-September


September 2nd, 2011 - 9:03 pm ICT by IANS
New Delhi, Sep 2 (IANS) Automobile sales in India are expected to pick up from mid-September as a precursor to the festive season, the Society of Indian Automobile Manufacturers (SIAM) ... Read more...

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Economists see probability of US recession


August 16th, 2011 - 11:54 am ICT by IANS
Washington, Aug 16 (IANS/EFE) Economists see a 30 percent chance that the US will suffer another recession, a significant increase from their view three months ago, according to a survey ... Read more...

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GM India eyes 25 percent growth, Cadillac launch not soon


August 4th, 2011 - 5:10 pm ICT by IANS
Kolkata, Aug 4 (IANS) General Motors expects its India operations to grow by 20-25 percent this financial year despite high auto interest rates and inflation that have slowed the country's ... Read more...

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Auto, realty sectors unhappy at interest rate hike (Lead)


July 26th, 2011 - 8:54 pm ICT by IANS
New Delhi, July 26 (IANS) Automobile and realty sectors Tuesday voiced reservations over the RBI decision to hike interest rates by 50 basis points to tame inflation, which sets the ... Read more...

Posted in Business |

Interest rates, fuel hikes dampen automobile sales in June (Roundup)


July 1st, 2011 - 9:17 pm ICT by IANS
New Delhi/Chennai, July 1 (IANS) Production losses at industry leader Maruti Suzuki and a slump in sales because of high interest rates and rising fuel prices have resulted in a ... Read more...

Posted in Business |

Interest rates, fuel hikes dampen automobile sales in May: SIAM


June 9th, 2011 - 6:40 pm ICT by IANS
New Delhi, June 9 (IANS) Rising interest rates and fuel price hikes seem to have dampened domestic car sales in May, with single digit growth of only seven percent registered ... Read more...

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Interest rates, fuel price hike dampen automobile sector (Roundup)


June 1st, 2011 - 9:20 pm ICT by IANS
New Delhi/Chennai, June 1 (IANS) Interest rates and fuel price hikes seem to have dampened automobile sales in May, with leading players like Maruti Suzuki and Hyundai reporting only marginal ... Read more...

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Automobile sales jump 23 percent in April


May 9th, 2011 - 8:49 pm ICT by IANS
New Delhi, May 9 (IANS) Indian automobile industry Monday reported a rise of 23 percent in vehicle sales in April at 1,338,564 units, up from 1,090,041 units in April 2010.The ... Read more...

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China’s retail sales up 16.3 percent in Q1


April 15th, 2011 - 1:25 pm ICT by IANS
Beijing, April 15 (IANS) China's retail sales of consumer goods rose 16.3 percent year on year to 4.29 trillion yuan ($657.29 billion) in the first quarter this year, the National ... Read more...

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Indian automobile sales for 11 months up 26.92 percent


March 9th, 2011 - 7:49 pm ICT by IANS
New Delhi, March 9 (IANS) Vehicle sales in India grew by 26.92 percent in the first 11 months of the current fiscal and stood at 14.04 million as compared to ... Read more...

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Stereotypes can deter consumer purchases: Study


February 24th, 2011 - 6:16 pm ICT by ANI
Washington, Feb 24 (ANI): A new research has found that the perception of negative stereotyping, particularly in the areas of financial services and automobile sales and service, can cause consumers to fear ... Read more...

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Indian automobile sales zoom 31 percent in 2010 (Lead)


January 11th, 2011 - 7:43 pm ICT by IANS
New Delhi, Jan 11 (IANS) Indian automobile industry's sales grew by 31 percent in 2010 (calendar year), an industry chamber said Tuesday, adding the government should maintain the current exercise duty structure ... Read more...

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Nitish Kumar: runaway winner as person of the year (Comment)


December 31st, 2010 - 1:31 pm ICT by IANS
By Amulya Ganguli In the season of scams when political reputations are at their lowest ebb, Bihar Chief Minister Nitish Kumar stands out as a remarkable exception. His emergence as a front-runner ... Read more...

Posted in Politics |

Car sales growing faster in eastern region, notes SIAM


November 19th, 2010 - 8:59 pm ICT by IANS
Kolkata, Nov 19 (IANS) India's eastern region is seeing a faster growth in sales of automobiles than the other regions of the country, a senior official of the Society of Indian Automobile ... Read more...

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Record Dhanteras shopping notched up in Raipur


November 4th, 2010 - 4:17 pm ICT by IANS
Raipur, Nov 4 (IANS) The Chhattigarh capital set a new record for the state Wednesday as Dhanteras shopping clocked a business of Rs.250 crore, much higher than last year's figure of Rs.130 ... Read more...

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Muthoot Group warms up to fresh IPL tender


March 9th, 2010 - 8:56 pm ICT by IANS
Thiruvananthapuram, March 9 (IANS) Business conglomerate Muthoot Pappachen Group (MPG) of Kerala is planning to own a cricket team in the Indian Premier League (IPL) after the league's governing council relaxed conditions ... Read more...

Posted in Business |

Carnation Auto in Delhi repairs and services cars at doorstep


December 8th, 2009 - 6:52 pm ICT by ANI
New Delhi, December 8 (ANI): Carnation Auto today announced the launch of an innovative and exciting new business concept Workshop-on-Wheels (WOW), which offers car owners car servicing at their doorsteps.Carnation Auto's ... Read more...

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Hyundai India monthly sales up 6.8 percent


December 1st, 2009 - 3:00 pm ICT by IANS
New Delhi, Dec 1 (IANS) India's second largest car maker Hyundai Motor India Tuesday said sales during November stood at 55,265 units, a growth of 6.8 percent over October, while exports increased ... Read more...

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Renault Nissan to open Chennai factory early next year (Lead)


November 8th, 2009 - 4:15 pm ICT by IANS
New Delhi, Nov 8 (IANS) Despite his Indian alliance not going as smoothly as expected, the head of Japan's Nissan Motors and France's Renault SA, Carlos Ghosn said their venture will be ... Read more...

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Renault-Mahindra to open Chennai factory in early next year


November 8th, 2009 - 1:22 pm ICT by IANS
New Delhi, Nov 8 (IANS) Despite his Indian alliance not going as smoothly as expected, the head of Japan's Nissan Motors and France's Renault SA, Carlos Ghosn said that their joint venture ... Read more...

Posted in Business |

Auto sales up 14 percent in first half this fiscal


October 13th, 2009 - 4:33 pm ICT by IANS
New Delhi, Oct 13 (IANS) Total automobile sales increased 14.51 percent between April and September this fiscal over that in the corresponding period last fiscal, as per data released by an industry ... Read more...

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India logs 26 percent spurt in car sales (Lead)


September 8th, 2009 - 8:06 pm ICT by IANS
New Delhi, Sep 8 (IANS) Even as auto companies worldwide are in a slump, India saw a 25.59 percent growth in the sale of passenger cars in the domestic market in August, ... Read more...

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Stimulus measures showing results, says Mukherjee


July 15th, 2009 - 10:05 pm ICT by IANS
New Delhi, July 15 (IANS) Finance Minister Pranab Mukherjee Wednesday told the Rajya Sabha that the result of the stimulus measures have started showing results with recovery in many sectors. "The stimulus ... Read more...

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Auto sales sluggish despite Reserve Bank boost: Mahindra


January 16th, 2009 - 7:04 pm ICT by IANS
Kolkata, Jan 16 (IANS) Automobile sales are not picking up as commercial banks have not eased auto loan rates, a senior official of utility vehicle major Mahindra and Mahindra (M&M) said here ... Read more...

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Maruti Suzuki Nov car sales dip 24.3 percent


December 1st, 2008 - 2:40 pm ICT by IANS
New Delhi, Dec 1 (IANS) The automobile sales of India's leading car maker Maruti Suzuki declined 24.3 percent in November this year compared to sales in the same month last year, a ... Read more...

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Community learning centre to generate employment for slum youth


August 30th, 2008 - 9:22 pm ICT by IANS
New Delhi, Aug 30 (IANS) A Community Learning Centre (CLC) has been set up in Tughlaqabad area of south Delhi to generate employment opportunities for youths in slums areas of Delhi. ... Read more...

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