Tag: Car Sales

Maruti Suzuki India Limited that makes cars and also light commercial vehicles logged a total sales of 176,306 units last month, up from 86,380 units sold in September 2021.

Chennai: Car maker Hyundai Motor India Ltd (HMIL) on Saturday said its sales went down last month as compared to the same period the previous year. HMIL sold 54,518 units in February 2019, whereas it sold 55,422 units in February 2018. The company’s exports went up by 4.5 per cent to 11,408 units last month […]

Chennai: Finance Minister Nirmala Sitharaman on Sunday said that the GST Council will take the final call on reducing the tax rate on motor vehicles. Speaking to reporters here, she said that the government is addressing the issues of the automotive segment on the backdrop of the recent slowdown in sales. “One of the suggestion […]

New Delhi: The sales slump continued to dent the Indian automobile industry in August as the overall sectoral off-take in the domestic market plunged 23.55 per cent. The industry which is suffering from high GST rate and lack of adequate liquidity had recorded a slump of 18.71 per cent in July, the highest monthly sales […]