Tag Archives: Sales

Phone Compatibility Effecting New Car Sales: Report

A new report conducted by Strategy Analytics finds that whether in North America, Western Europe or China, the average car shopper now agrees on one thing — they want to be able to use their handsets and their favorite apps while behind the wheel — even if it means paying a premium to do so. After a slow start, car ... Read More »

New car sales in UK fall for fifth straight month

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Tesla’s Growing Used Car Sales

As the media never tires of reminding us, the price of a new electric vehicle is still considerably higher than that of a (supposedly) comparable gas-burner. However, one point that is seldom discussed is that a huge slice of the auto market consists of used vehicles. Millions of car owners go through their entire lives without ever considering the purchase ... Read More »

Buyers’ worries put brakes on used-car sales

The industry believes car sales are likely to fall for the rest year, indicating that the market will be in recession by the end of SeptemberSIMON DAWSON/BLOOMBERG VIA GETTY IMAGES The motor market is heading for recession after a 13.5 per cent slump in used car sales was revealed — the steepest fall on record. The industry has blamed a ... Read More »

Maruti Suzuki Ciaz Sales Cross The 1.7 Lakh Mark In India

The Maruti Suzuki Ciaz has been dominating the C-segment sedan space is India for quite a while now. Since its launch in 2014, Maruti Suzuki India has sold over 1.7 lakh units of the Ciaz in India. Despite heavy competition from the likes of the updated 2017 Honda City, the carmaker has been consistently selling an average of almost 5,500 ... Read More »

New car sales in Wales dip sharply compared to UK

Sales of new cars in Wales have fallen by more than any other nation or region of the UK in the past year. The decline in sales in Wales was nearly 8% compared with a drop of 2.2% across the UK. That is three times as steeply as the rest of the UK, according to the Society for Motor Manufacturers ... Read More »

Additional cess above GST to be removed on used car sales

Earlier Maharashtra had enforced an additional road tax of 2 percent on varying vehicle rates over and above the GST on purchase of new vehicles. This 2 percent cess was to replace the existing octroi duties in the state. NEW DELHI: Good news seems to be in the offing for the used car market. The additional cess of 15 percent that was to be imposed ... Read More »

Renault Kwid Sales Cross The 1.75 Lakh Mark In India

  Commenting on the Renault Kwid’s new sales milestone, Sumit Sawhney, CEO and Managing Director, Renault India, said, “Renault KWID has proved its mettle in the fiercely competitive mini hatchback segment in India. Since its launch, we have introduced product enhancements and innovations at regular intervals in keeping with evolving customer behaviour and preferences including the CLIMBER and AMT versions. ... Read More »

Additional cess above GST to be removed on used car sales

NEW DELHI: Good news seems to be in the offing for the used car market. The additional cess of 15 percent that was to be imposed on certain categories of second hand vehicles will now not be chargeable, according to a recent notification by the Under-secretary to the Government of India. For instance certain categories of larger vehicles in the above 4 metre range were ... Read More »

Used-Car ‘Time Bomb’ Expected to Drag on U.S. Auto Sales

It’s going to be tough to beat last year’s record U.S. sales of 17.55 million cars and trucks, according to a new study released Wednesday by AlixPartners. The consultancy expects a total of more than 1 million vehicles to come off lease last year and this year, creating a “used-car time bomb” that drags on demand for new autos. For the ... Read More »