Sales

The current stock levels for most of the manufacturers at dealership points are very high, and the reason why price hike at this time isn't the best idea

OnePlus, a BBK subsidiary, remains deeply committed to India, which accounted for 76 per cent of its global sales as of September 2024

According to the report, overall 79.5 per cent of women own smartphones for various purposes, and only a half of them have used these devices for business.

The passenger vehicle market experienced its highest-ever sales for the month of October, reaching 3,93,238 units, up from 3,89,714 units in October 2023, a 0.9 per cent increase.

October 2024's sales data reveals the shifting dynamics of India's passenger vehicle market. The festive season has underscored the growing demand for SUVs and MPVs, with Toyota Kirloskar and Mahindra & Mahindra emerging as clear winners by capitalizing on this trend.

The SIAM report provides a mixed outlook for India's auto sector. Utility vehicles and two-wheelers are driving domestic growth, while export markets show healthy demand.

The September 2024 sales data illustrates a dynamic passenger vehicle market in India, with some companies managing to expand their foothold, while others face minor setbacks.

The passenger vehicle (PV) market faced a significant downturn over the past year.

After the pandemic, the working culture of sales departments has evolved in response to consumers' needs and wants

The Indian auto retail sector experienced a double digit growth of 13.84 per cent year-over-year (YoY)

The passenger vehicle sales report for the month of June is out with the number of sold units rising per year.

Automobile wholesale volumes are expected to be mixed in June, with two-wheeler volumes expected to grow 5 per cent year-over-year (YoY), while passenger vehicle volumes are expected to rise 3 per cent YoY. Commercial vehicles are expected to see flat sales growth, while tractor sales are expected to dip.

Citing data sourced from manufacturers, Society of Manufacturers of Electric Vehicles reportedly said FY23 saw sales of 1.2 lakh low-speed (LS) e-scooters with top speed less than 25 km/hr

The report stated that November saw the steepest monthly decline ever with around 50% sequentially and 43% on-year, as in low demand for the high-volume entry-level smartphone segment continued to take a hit

The report also expects a growing demand that further leads to rise in operating leverage to boost the profitability of the domestic CV-focused original equipment manufacturers after FY22

The report also added that there was over 32 per cent YoY progress in festival order volumes for tier III cities and over 20 per cent progress in tier II volumes

Despite inflation, people are heavily spending on their favorite goodies, whether it's grabbing a beer or buying a car

Sales automation and sales enablement are the two pillars on which sales tech continues to expand

LeadSquared boasts of serving over 1,000 customers worldwide across different high sales-velocity segments such as insurance, edtech, higher education, lending, real estate and tech-based marketplaces, among others

Amazon and Flipkart's first big sale during pandemic goes live tonight. The sale brings exciting offers on a wide range of products like smartphones, electrical appliances, fashion apparel, furniture, and more

To navigate through uncertain times, business owners must choose to respond appropriately. There are three choices that we all have-flight, freeze or fight