INDIAN AUTOMOBILE DEALERS WORRIED DUE TO SUDDEN EXITS BY GLOBAL AUTO MAKERS

HIGHLIGHTS

• Automobile dealers are demanding protection from sudden exits by global auto makers.
• FADA wants Indian government to implement system to protect the interests of dealers from sudden exits by multinational manufacturers.
• FADA told...

APR 2021 WITNESSED FALL IN AUTO REGISTRATIONS

HIGHLIGHTS

• APR 2021 witnessed fall in auto registrations.
• Due to COVID surge and lockdowns all over India, 32% fall was observed in auto registrations.
• Passenger vehicles showed a decline of over 11%.

According to a report...

FADA ESTIMATES 28 PERCENT AUTOMOBILE SALES DECLINE IN INDIA

HIGHLIGHTS

• FADA has estimated 28% automobile sales decline in India during APR 2021.
• The decline was observed in the month-on-month (MoM) sales number.
• The second wave of the COVID-19 pandemic has been mentioned as the reason for decline in...

RETAIL SALES OF KIA MOTORS INDIA GREW BY 45 PERCENT IN JAN 2021

HIGHLIGHTS

• In JAN 2021, Kia Motors India retailed the Kia Carnival, Kia Seltos, and Kia Sonet.
• In New Delhi, the starting price of Kia Sonet is priced between Rs 6.79 hundred-thousand.
• The Kia Seltos has a starting price of Rs 9.89 hundred-...

JAPAN REPORTS A RISE IN NEW CAR SALES BY 6.8 PERCENT IN JANUARY 2021

Highlights –

• Japan reports a rise in new car sales by 6.8 percent in January 2021.
• In January 2021, sales of new cars rose to 384.442 units.
• Sales excluding minicars rose by 6.8 percent to 236,592 vehicles.
• Toyota reported ...

INDIAN CAR DEALERS HAIL NIRMALA SITHARAMAN’S BUDGET 2021

HIGHLIGHTS

• The current fiscal year witnessed increase in the registration of vehicles across India in December 2020.
• Combined sales of passenger vehicles and two-wheelers witnessed a growth of 11% year-on-year.
• FADA said that the announceme...

JAPAN REPORTS FALL IN NEW CAR SALES BY 11.5 PERCENT IN 2020 DUE TO PANDEMIC

Highlights –

• Japan reports fall in new car sales by 11.5 percent in 2020 due to pandemic.
• In 2020 automakers in Japan are said to have sold 4,598,615.
• Toyota Motor Corp. reported a drop by 5.8 percent in domestic sales in 2020.
...

CAR SALES IN JAPAN FALL BY 13.7 PERCENT IN JULY DUE TO PANDEMIC

Highlights –

• Car sales in Japan fell by 13.7 percent in July due to pandemic.
• Domestic sales including mini-vehicles totaled to 396,346 units.
• Sales of cars, trucks, and buses dropped by 20.4 percent in July.
• Nissan Motor ...