Chinese truck market is the largest in the world which had perceived a brisk growth till 2010. However market start to slow down in 2011 and to cope with this the Chinese government introduced stimulus plans called ‘cash-for-clunkers’ scheme. The… Continue Reading
When Luis Schweitzer and Yoshikazu Hanawa signed the alliance agreement between Renault and Nissan in Tokyo during 1999, hardly anyone had talked in favor of the alliance being a success. The alliance was based on cross-shareholding and mutual self-interest with… Continue Reading
Two Wheeler sales in India for Q1 FY 2013-14 decreased by 0.82%, Scooter Sales up by 14.30% The cumulative sales of two wheelers in India for the first quarter of fy 2013-14 stood at 3,490,677 units as against 3,519,555 units… Continue Reading
Three Wheeler Segment down at 2.38% in Q1 FY 2013-14 The Indian three wheeler market underwent a reduction in sales of 2.38% in the first quarter of financial year 2013-14. A total of 108,603 units were sold during the period… Continue Reading
Bus sales in India down by 4.68% in Q1 FY 2013-14 The Indian bus market had witnessed a 4.68% decline in sales for Q1 FY 2013-14 as against the Q1 FY 2012-13. A total of 26,628 buses were sold during… Continue Reading
Indian Truck Market Sales declined at 8.74% in Q1 FY 2013-14 Indian truck market observed 8.74% decline in sales in the first quarter of the financial year 20123-14. A total of 141,701 trucks were sold in India during the Q1… Continue Reading
The overall passenger vehicle segment had witnessed 7.22% decline in sales during Q1 FY 2013-14 as against Q1 FY 2012-13. A total of 607,469 units were sold during the period as against 654,726 units during the same period of the… Continue Reading
The overall domestic sales of automobiles in India stood at 4,378,082 units for Q1 FY 2013-14 and has recorded a decline of 2.06% as against Q1 FY 2012-13 where 4,470381 units were sold.
The cumulative sales of Bajaj Auto for the month of June 2013 stood at 295,749 units as against 345,165 units during June 2012, registering a 14% decline. Two wheeler sales fall by 20% with 254,544 units sold during June 2013,… Continue Reading
TVS has sold a total of 164,128 units including exports in June 2013 as opposed to 168,693 units in June 2012 and witness a 2.7% reduction in sales. The sales for Q1 FY 2013-14 stood at 494,494 units. This is… Continue Reading