19, Aug, 2019
Retail sales of automobiles declined by 6% in July

Sales

New Delhi: Retail sales of automobiles across the country fell by 6% year on year to 1654535 units in July, as consumption demand continues to remain subdued due to the overall slowdown in the economy and lack of credit availability, data released by Federation of Automobile Dealers Associations on Monday showed. Passenger vehicle manufacturers resorted […]

Flipkart and Amazon are currently running their Independence Day (August 15) special sales in India. Both the online retail giants are offering hundreds of deals and offers across all major product categories. This is probably a great time to upgrade or buy a new smartphone. Flipkart and Amazon are offering […]

Troubles for the real estate sector are far from getting over. While the sector struggles to recover amid liquidity squeeze after non-banking financial companies such as IL&FS and DHFL defaulted on loan payments, the recent directive by National Housing Bank (NHB) has dealt another blow. NHB has directed Housing Finance […]

Suzuki Motor Corporation plans to suspend a planned doubling of vehicle manufacturing capacity in Gujarat, reflecting continuing uncertainty in India’s automobile market. The parent of Maruti Suzuki India, the country’s largest carmaker, will restrict the capacity to 750,000 vehicles a year instead of increasing it to 1.5 million vehicles a year […]

Anti-extradition bill protesters are sprayed with pepper spray by police in Hong Kong on 13 July. Photograph: Jack Taylor/Rex/Shutterstock The government approved the export of spying equipment to Hong Kong authorities just weeks before they launched a crackdown against activists, the Observer can reveal. The revelation has been met with outrage from human […]

Titan, one of the crown jewels of the Tata Group, released its quarterly preview. While the management did not sound too upbeat on the jewellery front, top-line growth in watches and eyewear are positive takeaways. We remain bullish on the company in spite of its steep valuation. Here’s a snapshot […]

The slowdown in the automobile sales has taken a hit on motor vehicle insurance premiums, with the public sector New India Assurance Co Ltd registering a six per cent decline in Q1 of FY20. “The motor vehicle insurance market was not buoyant as the vehicles sales was down. But we […]

Honda Car India sales have dropped by 41.4 per cent in June 2019 selling 10,314 units in the domestic market as compared to 17,602 units which were sold in the same month last year. In the same month, the Japanese carmaker exported 252 units. Honda is among the top five carmakers in […]

The quality of a client isn’t dependent solely on their spending power. In today’s sales world, all clients are equally important, but dealing with a small business may require a sales team to develop a different approach than when they confer with a substantial corporate entity. Smaller clients shouldn’t have […]