Indian dealers' car sales increased 32.4% in October, helped by festive demand, especially for sports utility vehicles (SUV), as well as new model launches and offers, but inventory levels remained high, a dealers' association said on Wednesday.
Sales by dealers to customers rose to 483,159 units in the month from 364,991 units last year, according to data from the Federation of Automobile Dealers Association (FADA).
This year, the festival season -- an auspicious time during wh...
India`s retail car sales jump 32% in Oct, inventory levels remain high
After sluggish sales in the first five months of this fiscal, automobiles and consumer electronics companies saw some surge in demand due to discounts and promotional offers during the ongoing Ganesh Chaturthi and Onam festivals, multiple reports said.
"In view of festivals like Onam, Navratri, Diwali, and Dussehra, electronics, automobile and smartphone companies are offering discounts of up to 30 percent to customers," the reports stated.
Maruti Suzuki reported a 10 pe...
Car, bikes, and electronics sale surge due to heavy discounts by companies
Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000.
The new car comes available in Alpine White as non-metallic paintwork and in the following metallic paintworks, which include M Brooklyn Grey, M Carbon Black, Cape York Green, Phytonic Blue, Black Sapphire, Sophisto Grey, Oxide Grey, and Mineral White.
It is now available at all BMW dealerships across the country as a Completely Built-Up Unit (CBU) m...
BMW's another all-electric car launched in India
PURE EV has launched new electric scooter -- ePluto 7G MAX with an ultra-long range of 201 km per charge and with MAX boasts features such as HillStart Assist, DownHill Assist, Coasting Regen, Reverse Mode, Smart AI for Battery Longevity etc.Launched at a price of Rs 1,14,999 (ex-Showroom price), the scooter comes available in?four colours -- matte black, red, grey and white, which is now open for booking across India, with deliveries beginning from the upcoming festive season."The model is t...
PURE EV launches ePluto 7G MAX with 201 km range
