Divyanshu Semwal’s Post

India's car sales by manufacturers to dealers grew 4.2% in 2024, their slowest pace in four years, industry data showed on Tuesday, as demand for new cars cooled off amid high inflation. For daily news and analysis subscribe to the https://lnkd.in/gpZkxqHC newsletter. #Autocar #Automotive #Vehicles

#Update The Indian auto industry witnessed a strong performance in October 2024, driven by the festive season. Passenger vehicle sales increased by 0.9% to reach a record high of 3,93,238 units. Two-wheeler sales surged by 14.2% to 21,64,276 units, with scooters and motorcycles contributing significantly. However, the three-wheeler segment experienced a slight decline of 0.7%. While electric carts saw a significant increase in sales, e-rickshaws witnessed a decline. The auto industry remains optimistic about future growth, but challenges like rising costs and economic uncertainties need to be closely monitored. Read the story: https://ow.ly/2Po350U6Jkp #IndianAutoIndustry #PassengerVehicleSales #TwoWheelerSales #ElectricVehicles #AutoSalesUpdate #FestiveSeason #ScootersAndMotorcycles #MarketTrends #AutomotiveNews #IndustryGrowth

🚗🚙 The Great Auto Shift: Is India’s Car Craze Over? 🚙🚗 After an incredible three-year run of soaring sales, the Indian auto market is hitting the brakes. Carmakers are now anticipating a record stockpile of 400,000 vehicles worth a staggering ₹44,000 crores by the end of this month. 📉🚗 Passenger vehicle registrations, often seen as a proxy for retail sales, are expected to decline by 5% in May compared to the previous year. This cooling demand marks a significant shift in the industry dynamics. 🌡️🔄 Is this just a temporary thing or here to last? ⬇️🔍 #AutomotiveIndustry #MarketTrends #IndiaAutoMarket #SalesDecline #EconomicShift

Indian PV market dispatch for November 2024 - Overall dispatch at around 3,50,000 which is 4% up from LY 3,36,000 - Maruti Suzuki India Limited up by 5% with 1,41,312 - Hyundai Motor India Ltd. dipped by 2% with 48,246 - Tata Motors up by 2% at 46,063 - Toyota Kirloskar Motor significantly up by 45% at 24,446 - Morris Garages India rose by 20% at 6,019 with strong response for #windsor #automotive #automotiveindustry #sales #india #growth #cars #suv https://lnkd.in/ggJuttQC

In September 2023, car sales in India witnessed an upturn, with nearly 3.62 lakh passenger cars sold. This represents a 0.7% increase compared to August 2023 and a more than 2% rise from the same month in the previous year.  This denotes that the demand for four-wheelers among Indian residents is increasing steadily.  However, the Indian automobile market is flooded with leading car manufacturers, making it difficult for buyers to select the best brand. Which car would you select? Share in the comments! #IndianCarMarket #CarSalesTrend #AutoIndustryIndia #CarBuyingTips #BestCarChoice

In September 2023, car sales in India witnessed an upturn, with nearly 3.62 lakh passenger cars sold. This represents a 0.7% increase compared to August 2023 and a more than 2% rise from the same month in the previous year. This denotes that the demand for four-wheelers among Indian residents is increasing steadily. However, the Indian automobile market is flooded with leading car manufacturers, making it difficult for buyers to select the best brand. Which car would you select? Share in the comments! #IndianCarMarket #CarSalesTrend #AutoIndustryIndia #CarBuyingTips #BestCarChoice

Hyundai Venue Achieves 6 Lakh Sales Milestone The Hyundai Venue compact SUV has hit a new sales record of 600,000 units in the local market. It achieved this milestone in just under five and a half years since its India debut in May 2019. Among Hyundai SUVs, the Venue ranks second in sales, following the Creta, which has sold 1.13 million units to date. So, it’s definitely a popular choice among SUV enthusiasts like you! . . #hyundai #HyundaiVenue #venue #hyundaimotors #carsales #carbikez #latestnewstoday #news #NewsUpdate #newsfeed #LatestNews #automotive #autonews #automobile #cars #carnews

Vehicle Price Hike in India by January 2025 - Key Manufacturers Automobile manufacturers in India have announced price hikes across various models starting January 2025. Here is the list of manufacturers and their updates: 1. Hyundai Motor India • Price Hike: Up to ₹25,000 across all models. • Reason: Rising input costs, unfavorable exchange rates, and increased logistics costs. • Effective Date: January 1, 2025 . 2. Audi India • Price Hike: 3% across the entire model range. • Reason: Increased input costs and operational expenses. • Effective Date: January 1, 2025 . 3. BMW Motorrad India • Price Hike: Up to 2.5% across its motorcycles. • Reason: Inflation and higher input costs. • Effective Date: January 2025 . 4. Mercedes-Benz India • Price Hike: 3% across all models. • Reason: Higher production and logistics costs. • Effective Date: January 2025 . 5. Maruti Suzuki • Price Hike: Specific hike not yet disclosed but planned across its model lineup. • Reason: Rising material and input costs . 6. Tata Motors • Price Hike: Specific hike not disclosed but confirmed across commercial and passenger vehicles. • Reason: Higher costs of production and new regulatory compliance . 7. Honda Cars India • Price Hike: To be implemented across its lineup; exact percentage not announced yet. • Reason: Increased input and logistics costs . #VehiclePriceHike2025 #HyundaiIndia #AudiPriceHike #BMWIndia #MercedesBenzIndia #TataMotors #MarutiSuzuki #IndiaAutoNews #AutoIndustryUpdates

Only 3 out of 15 PV makers have recorded sales growth in the first half of FY 2025 - Toyota Kirloskar Motor (TKM), Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] and Kia India have grown - TKM recorded 31%, Mahindra recorded 21% and Kia clocked 5.6% - Thanks to growth in models like #Crysta #Hycross #fortuner #Hyryder #XUV3O #tharroxx - Top 3 brands Maruti Suzuki India Limited, Hyundai Motor India Ltd. and Tata Motors registered upto 3% drop - UVs surged by 13% to 1.3 million in first 6 months - Hatchbacks dropped by 18.5% #automotiveindustry #automotive #india #sales #cars #suv #growth https://lnkd.in/gBvaYJ82

In recent years, the automotive industry in India has witnessed a significant surge in the demand for used cars. This trend is driven by affordability, a wide range of options, and consumers' growing preference for pre-owned vehicles. However, despite the increasing demand, the used car auction industry has long been plagued by inefficiencies and challenges, leaving buyers and sellers frustrated.