Tag: car sales

Top manufacturers like Maruti Suzuki and Hyundai have the largest dealer inventory left over, followed by others such as Nissan and Citroen.(Reuters)
Posted in Business

Car sales in festive season low, vehicles worth ₹79,000 crore lying unsold: Report

Oct 30, 2024 05:12 PM IST Car sales around Diwali has fallen so low this year that dealers are staring at an all-time high inventory…

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An interior of a BMW i7 electric car is seen during a press conference announcing a joint venture between Tata Technologies and BMW Group, in Mumbai, India, October 8, 2024(Francis Mascarenhas/Reuters)
Posted in Business

BMW and Mercedes-Benz sales plunge in China as luxury car slowdown worsens

BMW AG and Mercedes-Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed…

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Demand in Europe hasn’t recovered since the pandemic (AFP)
Posted in Business

Volkswagen says weak Europe car sales leave two VW factories empty

Volkswagen AG defended plans to consider unprecedented factory closures in Germany, saying flagging car sales have left the company with about two plants too many….

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Posted in Economy

GST kitty swells, factory activity hits 31-month high

Data released Thursday indicated India’s sustained economic momentum at the start of the new fiscal year, with goods and services tax (GST) collection growing at…

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