Anyone want a camper? It’s a buyer’s market for RVs as pandemic-era sales fizzle

Like a lot of Canadians, Alan Hong and his wife bought a trailer in 2020. Air travel was out of the question because of pandemic restrictions, and it made sense to spend time and money exploring the great outdoors.  But now, they’re looking to get off life on the open road and get back in … Read more

Sales of cars, sedans, utility vehicles see their best-ever February

Sales of sport utility vehicles, motorcycles and scooters in the local market increased in healthy double digits in February, on the back of improved supplies and sustained consumer demand. Sales of commercial vehicles and tractors though remained muted, on a high base and amid a cyclical slowdown in demand. As per industry estimates, passenger vehicle … Read more

India’s new aspiring middle class to fuel economy, mobility sector growth: PM Modi at Bharat Mobility Show

India has a new aspiring middle class of 250 million people who will fuel growth, also in the mobility sector, Prime Minister Narendra Modi said in his address at the inaugural edition of the Bharat Mobility Show, adding that automobile and auto component makers have a big role to play in realising their needs and … Read more

Auto companies log best-ever November sales on robust festive demand

Passenger vehicle (PV) sales in the domestic market grew in single digits last month, on a high base, to the highest-yet levels recorded for the month of November, driven by robust consumer demand during the festivals in the first two weeks. The annual growth rate in wholesale despatches from factories to dealerships moderated to 3.7% … Read more