GST Cut Led To 41% Surge in October Vehicle Sales, Says Government India saw a 41.3 percent jump in vehicle sales in October 2025 after GST rates on automobiles were cut, making cars like Maruti Swift and Hyundai i20 more affordable.

Web Server Hosting GST Cut Led To 41% Surge in October Vehicle Sales, Says Government Arise Server #GST #VehicleSales #AutomobileIndustry #IndiaEconomy #CarSales

ஜி.எஸ்.டி. குறைப்பு: பொதுமக்களுக்கு நேரடி நன்மை – வாகனங்கள், மின்சாதனங்கள் விற்பனை உயர்வு, தீபாவளி பருவத்தில் மக்களின் வாழ்க்கை மேம்பாடு GST Cut: Direct benefits to public – vehicle & electronics sales rise, boosting people’s lifestyle during Diwali season.

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GST Cut: Direct benefits to public – vehicle & electronics sales rise, boosting people’s lifestyle during Diwali season.
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Vehicle sales contract in July, but remain strong annually - Namibia Economist Vehicle sales contract in July, but remain strong annually  Namibia Economist

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Turkey sees 7.4% increase in car and light vehicle sales in May hereremove ads Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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Namibia vehicle sales surge in April Namibia’s new vehicle market maintained strong momentum in April, with 1 243 units sold, reflecting a 37.5% increase year-on-year from the 904 units recorded in April 2024, a latest Simonis Storm report shows. Despite a 5.8% month-on-month decline from March’s 1 320 units, the market continues to show resilience, driven by sustained consumer demand and lower interest rates. April is usually a quieter period for vehicle sales, often falling below the 1 000-unit mark due to post-festive spending fatigue. However, this year the market has consistently stayed above that level, signalling a shift in consumer confidence. “Of the 1 243 vehicles sold in April, rental agencies accounted for 149 units, led by Toyota (89 units) and Volkswagen (60 units). These included 18 light commercial vehicles and 131 passenger vehicles, likely reflecting early fleet preparations for the upcoming international tourism season. The continued rise in self-drive rental demand particularly among inbound tourists supports this segment’s growth,” says economist Almandro Jansen. The post Namibia vehicle sales surge in April appeared first on The Namibian.

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احتجاجی مظاہروں اور عید تعطیلات کے باعث آٹو سیلز متاثر، گاڑیوں کی فروخت میں 5 فیصد کمی

مزید جانیں: pakistanmatters.pk/24687/

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BYD tops Toyota in Singapore vehicle sales for the first time Investing.com -- In a significant turn of events, Chinese electric vehicle manufacturer BYD (SZ:002594) has become the top-selling vehicle brand in Singapore for the first time this year, surpassing Toyota (NYSE:TM) (7203), according to government data. This development highlights BYD’s ongoing efforts to increase its international sales. From January to April 2025, BYD recorded sales of 3,002 cars, constituting 20% of Singapore’s total vehicle sales. During the same period, Toyota and BYD’s primary electric vehicle competitor, Tesla (NASDAQ:TSLA), sold 2,050 and 535 units respectively. Previously, Toyota held the top spot in Singapore, a wealthy Asian financial hub where car population is controlled by a costly certificate system. In 2024, Toyota sold 7,876 cars, compared to BYD’s sales of 6,191 vehicles. However, this year, BYD has taken the lead, demonstrating its growing influence in the global electric vehicle market. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Tesla Stock Today: Vehicle Sales Fell 46% in Germany, More Bad News - Barron's Tesla Stock Today: Vehicle Sales Fell 46% in Germany, More Bad News  Barron's

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Bank Windhoek rewards automotive financing growth in Northern Namibia …The Bank financed 186 vehicles in the region, totalling approximately N$13 million The 2024 Bank Windhoek Vehicle Asset Finance Northern Selekt Sales Awards ceremony, recently hosted in Oshakati, recognised the passion of automotive salespeople and dealerships in Northern Namibia. In 2024, Award recipients embraced challenges, adapted to changing market dynamics,

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Commercial vehicles drive annual sales growth CommerciaL vehicles remained the primary driver of annual vehicle sales growth, accounting for 54.3% of total units sold in January 2025, the latest report by Simonis Storm shows. Sales in this segment decreased by 4.57% year on year (y/y), reflecting slightly lower demand from businesses and industries reliant on fleet expansion and logistics. Within this category, light commercial vehicles dominated, with 540 new units sold. According to Simonis Storm economist Almandro Jansen, 25 medium commercial vehicles, 30 extra-heavy commercial vehicles and 10 heavy commercial vehicles were sold, while one new bus sale was recorded during the period. In contrast, passenger vehicles accounted for 45.7% of total sales, with 511 units sold, marking a marginal 9.42% y/y decline in February 2025. Month on month, sales rose by 8.96% from January. Year to date, passenger vehicle sales totaled 937 units, reflecting a 4.39% contraction from the 980 units sold during the same period in 2024. “However, improved household liquidity, driven by tax refunds and interest rate cuts, could support a rebound in demand, particularly in the compact SUV and budget passenger car segments, which remain attractive amid economic uncertainty,” says Jansen. “Despite these fluctuations, the overall market performance remained resilient, with the commercial vehicle segment benefitting from improving business sentiment and a continued economic recovery. Tax-related incentives and greater access to credit have bolstered vehicle purchases among both individual and corporate buyers, sustaining demand in the market,” says Jansen. The post Commercial vehicles drive annual sales growth appeared first on The Namibian.

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Domestic vehicle sales show resilience in February Namibia’s new vehicle market demonstrated notable resilience in February 2025, with a total of 1 117 units sold, reflecting a 1.4% year on year (y/y) increase compared to the 1 102 units sold in February 2024, according to Almandro Jansen from Simonis Storm. Month on month (m/m), sales rose by 15.6%, up from 966 units in January 2025. This aligns with the typical seasonal uplift in vehicle sales during the first quarter, as dealerships restock inventory and consumer sentiment improves after the December spending cycle. “Historically, February tends to be a slower month for vehicle sales, often falling below the 1 000-unit threshold due to subdued consumer spending following the festive season. However, over the past three years, February has consistently defied this trend, with sales remaining above the 1 000-unit mark,” says Jansen. He adds, “This steady improvement suggests that a more accommodative interest rate environment is gradually improving access to credit, which in turn supports demand for big-ticket items like vehicles. The recent interest rate cuts are likely beginning to impact consumer lending, helping to revive spending on durable goods.” * The post Domestic vehicle sales show resilience in February appeared first on The Namibian.

#Namibia #VehicleSales #CarMarket #AutomotiveIndustry #ConsumerTrends

Commercial vehicles drive annual sales growth COMMERCIAL vehicles have remained the primary driver of annual vehicle sales growth, accounting for 54.3% of total units sold in January 2025, the latest report by Simonis Storm shows. Sales in this segment decreased by 4.57% year on year (y/y), reflecting slightly lower demand from businesses and industries reliant on fleet expansion and logistics. Within this category, light commercial vehicles dominated, with 540 new units sold. According to economist Almandro Jansen, 25 medium commercial vehicles, 30 extra-heavy commercial vehicles and 10 heavy commercial vehicles were sold, while one new bus sale was recorded during the period. In contrast, passenger vehicles accounted for 45.7% of total sales, with 511 units sold, marking a marginal 9.42% y/y decline in February 2025. Month on month (m/m), sales rose by 8.96% from January. Year to date, passenger vehicle sales totaled 980 units, reflecting a 4.39% contraction from the 937 units sold during the same period in 2024. “However, improved household liquidity, driven by tax refunds and interest rate cuts, could support a rebound in demand, particularly in the compact SUV and budget passenger car segments, which remain attractive amid economic uncertainty. “Despite these fluctuations, the overall market performance remained resilient, with the commercial vehicle segment benefitting from improving business sentiment and a continued economic recovery. Tax-related incentives and greater access to credit have bolstered vehicle purchases among both individual and corporate buyers, sustaining demand in the market,” says Jansen. The post Commercial vehicles drive annual sales growth appeared first on The Namibian.

#CommercialVehicles #VehicleSales #FleetExpansion #Logistics #AutomotiveIndustry

Domestic vehicle sales show resilience in February Namibia’s new vehicle market demonstrated notable resilience in February 2025, with a total of 1 117 units sold, reflecting a 1.4% year on year (y/y) increase compared to the 1 102 units sold in February 2024, according to Almandro Jansen from Simonis Storm. Month on month (m/m), sales rose by 15.6%, up from 966 units in January 2025. This aligns with the typical seasonal uplift in vehicle sales during the first quarter, as dealerships restock inventory and consumer sentiment improves after the December spending cycle. “Historically, February tends to be a slower month for vehicle sales, often falling below the 1 000-unit threshold due to subdued consumer spending following the festive season. However, over the past three years, February has consistently defied this trend, with sales remaining above the 1 000-unit mark,” says Jansen. He adds, “This steady improvement suggests that a more accommodative interest rate environment is gradually improving access to credit, which in turn supports demand for big-ticket items like vehicles. The recent interest rate cuts are likely beginning to impact consumer lending, helping to revive spending on durable goods.” The post Domestic vehicle sales show resilience in February appeared first on The Namibian.

#Namibia #VehicleSales #AutomotiveNews #FebruarySales #MarketTrends