December is a month of high retail sales for cars, as companies and dealers push stocks to clear inventories India, the world’s fifth largest car market, stopped short of reaching the milestone of three million units in domestic annual sales of passenger vehicles (PVs) in 2016, as sales in November and December were muted in the wake of demonetisation. After a low growth of 1.82 per cent in PV (cars, vans and utility vehicle) sales during November, the December wholesale volume (to ... Rediff.com, 1 month ago
Major car manufacturers in Asia’s third biggest car market such as Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, Ford, Volkswagen and Nissan have reported pick-up in demand for their brands in January after a temporary slump due to ...The Financial Chronicle, 2 weeks ago
Posted by Equitymaster After opening the day on a flat note with a negative bias, the Indian share markets are now trading marginally in the green. Sectoral indices are trading on a mixed note, with stocks in the Realty sector and IT Sector witnessing maximum ...Equitymaster.com, 1 month ago Sensex Stays Flat; Metal Stocks Under Pressure Equitymaster.com, 1 month ago
Hyundai Motor India Ltd (HMIL) today reported 17.2 per cent rise in total sales at 51,834 units in January compared to 44,230 units in the same month last year. In the domestic market, Hyundai's sales grew by 10.5 per cent at 42,017 units last month as ...Business Standard, 2 weeks ago Hyundai India to hike prices by up to Rs 1 lakh from January Deccan Herald, 2 months ago
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty. When Maruti Suzuki chairman R C Bhargava said in December that cab aggregators, such as Ola and Uber, will be the company's “biggest” customer, he was probably aware of the growing sales volumes generating from this segment. The country’s biggest carmaker sold about 60,000 vehicles to these ...Rediff.com, 4 weeks ago
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