Ashok Leyland confident of out-performing industry players

Last Updated: Wednesday, January 7, 2015, 18:32

Commercial vehicles major Ashok Leyland Ltd. is confident of out-performing the industry this fiscal in terms of sales volumes while maintaining its market share of around 26-27 percent, a top company official said.

Cars, durables to be costlier from January as govt ends excise sop

Last Updated: Tuesday, December 30, 2014, 16:13

Come New Year, the prices of automobiles and consumer durables will go up as the government Tuesday decided not to extend the reduced excise duty rates provided to these sectors beyond Dec 31.

Cars to become costlier as government withdraws excise duty cut

Last Updated: Tuesday, December 30, 2014, 16:02

In June, the new government led by Narendra Modi extended the excise duty concession by six months to 31 December.

Maruti set for record sales in 2014 at over 11.48 lakh units

Last Updated: Wednesday, December 24, 2014, 17:21

Country' largest car maker Maruti Suzuki India is set for a record sales in 2014 at over 11.48 lakh units driven by growth across segments but it expressed concerns that a hike in excise duty could hurt the overall auto industry.

After a topsy-turvy 2014, automakers eye smoother 2015 ride

Last Updated: Friday, December 19, 2014, 14:04

Even as the year was drawing to a close, the sales figures remained disappointing with close to 10 per cent decline in the number of cars sold during the first eleven months of 2014 and festival seasons failing to bring any cheer.

Revival signs: Maruti, Honda, Hyundai report good sales in Nov

Last Updated: Monday, December 1, 2014, 20:21

Country's largest car maker Maruti Suzuki said its domestic sales in the month stood at 1,00,024 units, up 17 percent from 85,510 units in November last year.

Auto industry pitches for continuation of excise duty relief

Last Updated: Sunday, November 30, 2014, 12:18

Car makers have asked the government to extend excise duty relief, which is ending on December 31, saying removal of this incentive could push the industry into a negative territory.

Maruti, Hyundai's January sales dip as market remains subdued

Last Updated: Saturday, February 1, 2014, 18:08

Maruti Suzuki India, said its domestic sales declined 6.3 percent during the month to 96,569 units as against 1,03,026 units in January, 2013.

Auto sales in China see double-digit growth

Last Updated: Thursday, January 9, 2014, 18:42

After virtual stagnation for the last two years, vehicle sales in China rose 13.87 percent in 2013 from a year earlier to 21.98 million units bringing cheer to the auto industry.

Annual auto sales witness first decline in 11 years

Last Updated: Thursday, January 9, 2014, 13:48

Annual car sales in India declined for the first time in 11 years in 2013, posting a 9.59 percent dip, as the auto industry reeled under a prolonged demand slump due to the economic slowdown.

Maruti, Hyundai December sales up, others fail to keep pace

Last Updated: Wednesday, January 1, 2014, 17:44

Leading car makers Maruti Suzuki India and Hyundai Motor India Ltd posted single digit growth in their domestic sales in December but other companies failed to beat the year-end blues.