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New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half a million units. Market observers say that the retail total of the entire passenger vehicle…
New Delhi: India’s car sales recorded a 3.9 per cent increase to 3,48,847 units in April this year from 3,35,629 units in the same month last year, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday. Car exports from India surged nearly 20 per cent year-on-year to 59,395 units in…
Used Car Sales Trends In 2024: In a showcase of enthusiasm for used cars, a significant 76 per cent of customers in 2024 were first-time buyers, used car platform Spinny observed in its annual report. This year’s sales witnessed a jump of 3 per cent from the previous year’s figure of 73 per cent, the…
Maruti Suzuki: A revival in the rural market has helped in arresting the decline in sales of entry-level small cars, which saw a 10 per cent growth in retail sales in October, top company officials of Maruti Suzuki India said on Monday. The company, which launched all-new version of its compact sedan Dzire priced between…