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Tag: car sales
3-months bar on luxury diesel car sales in NCR
2015-12-16 01:19:25| Auto Dealers - Topix.net
Car sales in India fell in September for the second consecutive month, an industry body said on Wednesday, as high interest rates, rising fuel costs and slowing economic growth continued to drag down demand. New Delhi: In a relief to car dealers, the Supreme Court on Tuesday said it would ban sale of diesel luxury cars and SUVs with engine capacity of 2,000 cc or more in the NCR for three months from January 1 but exempt small diesel cars from the ambit of its order to be passed on Wednesday.
European car sales race ahead, but VW stuck in slow gear
2015-12-15 10:54:22| Auto Dealers - Topix.net
Biggest monthly percentage sales gain of 70 percent was posted by Jaguar Land Rover Group; Sales of Land Rovers jumped by 66.7 percent and Jaguars by 83.7 percent. Paris: European car sales soared by 13.7 percent in November, but scandal-plagued Volkswagen trailed the pack with only a 4.1-percent increase, data from a trade industry body showed Tuesday.
Russian car sales continue to collapse
2015-12-11 01:20:48| Auto Dealers - Topix.net
The Russian auto market is in a continuous downward spiral, with sales falling 42.7 percent last month from a year earlier, after a 38,5 percent decrease in October. From the start of the year, the automotive market in Russia is on a fast descending slope and there is no hope for better prospect so far.
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Montgomery's auto industry: car sales drive toward new record
2015-12-10 07:23:23| Auto Dealers - Topix.net
December is one of the busiest times of the year to buy a new vehicle, with deals reaching a year-end peak, high trade in values and relatively low financing rates available. The auto motive industry in Montgomery saw a big boost in business last month with no signs of slowing down.
Japan's ruling party bids to replace car sales tax with new levy
2015-12-10 04:18:14| Auto Dealers - Topix.net
The country's ruling Liberal Democratic Party is proposing a new car levy to replace the auto acquisition tax from April 2017, the date set by Prime Minister Shinzo Abe's government to further increase the sales tax. The new plan will call for four grades of tax rates from zero to 3 percent for regular vehicles and will be based on their fuel efficiency.
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