Sales Figures News

The Financial Year 2018-19 that ended as of March 31, 2019, saw vehicle sales drop by 8 per cent with total retail sales accounting for 16,82,656 units compared to the 18,21,538 vehicles sold in March 2018.

The company clocked a solid Q1 2019 and retains its No.1 position in the luxury car segment in the country. However, these sales figures are less than in the same period last year, as the company had managed to sell 4556 units.

Land Rover India today announced the introduction of locally manufactured Range Rover Velar. Bookings for the India-made Range Rover Velar have been officially opened today, and deliveries will commence from May 2019.

Passenger vehicle (PV) sales for the 2018-19 financial year saw sales stagnate as the domestic volumes grew by just 2.7 per cent.

Two-wheeler sales in the domestic market hit a road block in the 2018-19 financial year as sales saw a 17.31 per cent decline in volumes. The domestic two-wheeler sales stood at 14,40,663 units in FY2018-19, as against 17,42,307 units sold in 2017-18. The drop in volumes is alarming considering that the two-wheeler sector has grown consistently in the previous years. Factors including a weak customer sentiment, increase in prices and overall increase in insurance for vehicles contributed to slow buying period, especially in the second half of the financial year.

The Toyota Innova Crysta is the Japanese carmaker's bestseller in India and Toyota has sold over 2.25 lakh units of it since the model was launched in 2016.

Mahindra and Mahindra tractor division, Swaraj Tractors has announced breaching 15 lakh units production milestone in India.

The sub-500 cc offerings of BMW Motorrad - BMW G 310 R and BMW G 310 GS got the liaons share with over 80 per cent sales. The recently launched BMW R 1250 GS and BMW R 1250 GS Adventure have also created high demand among motorcycling enthusiasts.