The #lackluster performance of most #carmakers this year is expected to weigh down the overall #industry growth rate, with estimated #sales of 4.2 to 4.5 #million units — a #modest 3-4% increase over 2023. This marks the slowest growth pace in three years since the #pandemic but will still represent the second consecutive year of the #Indian car market surpassing the 4-million-unit milestone
The Economic Times’ Post
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Delve into India's automotive revolution. From record-breaking new car sales to a booming used car market, discover the driving forces reshaping the industry! #CarMarketEvolution #AutomotiveTrends #Navia #TrustedTradingPartner #TradeSmart #FinancialFreedom #InvestingJourney #StockMarket #Trading #WealthCreation
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Figuring Out - Money Mediia | Ex - Financial Content at Zero1 By Zerodha | LearnApp | CFA L2 Cleared
🚗🚙 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
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🔥 Federation of Automobile Dealers Associations, India 🔥 Driven by Nmbers, Fueled by Demand! 🚗📊 Check out November in Auto Sales Trends. #autodata #automotivedata #automotive #carsalesdata #autoindustry #carmarketshare #automotivemarket #stockmarket #stockmarketindia #adroitofficial
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Good Morning Saturday!!!!!!! Being informative is always good. Checkout the Leading Passenger Vehicles OEM sales data for the Month of November with their each available model to have a fair idea that which model is dominant in the market. Can you tell which model is ruling the market in terms of sales and from which passenger Vehicle OEM. #automobile #sales #passengervehicle #growth
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Audi Group reports a drop in sales in Q1 2024. Revenue year-on-year decrease of –18.7%. Operating profit -74,3 %. Audi delivered 402,048 cars to customers in Q1 2024, compared to 421,824 cars in Q1 2023. 👉 Audi = 396,912 (- 4,5% ) 👉 Bentley = 2506 (- 28,7 %) 👉 Lamborghini = 2630 (+0,3 %) Ducati motorcycles: 👉 12,394 delivered to customers, compared to 14,796 in Q1 2023 (- 16,2 %) 👉 Audi Group total revenue €13,725m in Q1 2024 compared to €16,883m in Q1 2023. The decrease is mainly attributable to lower wholesales of vehicles. One reason to the lower production volumes is related to the production plant in San José Chiapa in Mexico. Production more than halved in Q1/2024 due to a union workers’ strike in January and February. 👉 Audi Group operating profit €466 million compared to €1,816 million in Q1 2023. A decrease of –74.3 %. Production of fully electric vehicles (BEV) fell by –19.9% to 38,216 vehicles, compared to 47,735 cars in the first quarter of 2023. Markets: 👉 USA = 45,688 cars compared to 54,668 (–16.4 %) The shortfall in USA was impacted by supply and logistic constraints. 👉 Europe = 164,251 cars compared to 182,982 (–10.2 %)
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In November 2024, around 1.4 million new vehicles were sold in the United States, an increase of 12.6% when compared to November 2023. The SUV segment made up 58.8% of the market while trucks and cars made up 21.2% and 19.9% of the market, respectively. #USA #Sales #JATOV5 #Automotive #JATO
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🔥 Federation of Automobile Dealers Associations, India 🔥 Driven by Nmbers, Fueled by Demand! 🚗📊 Check out November in Auto Sales Trends. #autodata #automotivedata #automotive #carsalesdata #autoindustry #carmarketshare #automotivemarket #stockmarket #stockmarketindia #adroitofficial
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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
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New Post: Italian automobile manufacturer Lamborghini sold a record 113 vehicles in India in 2024. - https://lnkd.in/epUc4hND New Delhi: Italian automobile manufacturer Lamborghini sold a record 113 vehicles in India in 2024. The 'luxury' vehicle maker said on Friday that its sales will increase by 10 percent year-on-year to a record 113 units in 2024, which is the company's best sales performance in India so far.The carmaker sold a total of 10,687 vehicles globally in 2024, up six percent year-on-year."Lamborghini's growth continues in 2024 and is in line with the positive trend of the past several years," said Stephan Winkelmann, the company's chairman and chief executive officer (CEO). This achievement reflects our growing strong relationship with our customers and the growing interest of the new generation in our brand.The company recorded growth in all major markets last year. It sold 4,227 vehicles in EMEA (Europe, West-Asia and Africa), 3,712 vehicles in the Americas and 2,748 vehicles in the APAC (Asia-Pacific) region.(This news has not been edited by the NDTV team. It is published directly from the syndicated feed.) Source link
