car companies

india auto inventory: The curious case of 300,000 missing cars: It is automakers vs dealers in inventory mystery

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india auto inventory: The curious case of 300,000 missing cars: It is automakers vs dealers in inventory mystery

Carmakers and their dealers are battling each other over inventory levels amid slowing demand. The Federation of Automobile Dealers Associations (FADA) says their members are carrying stock equivalent to over two months of sales, that is, 730,000 units. Carmakers argue it’s about half that — 400,000-410,000 units. FADA has written to the Society of Indian … Read more

SUV: SUV mania: Car companies poised for bumper January sales

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SUV: SUV mania: Car companies poised for bumper January sales

The country’s leading carmakers including Maruti Suzuki and Hyundai are off to a good start in the new year and are on way to post their best January sales riding on sustained consumer demand, especially for high-margin sports utility vehicles (SUVs).As per industry estimates, 375,000-376,000 hatchbacks, sedans and utility vehicles will be dispatched from factories … Read more