Auto makers get some momentum in September as dealers gear up for festive season

MUMBAI: The market expects automobile sales to have recovered further in September.

In the run-up to the festival season, original equipment manufacturers are restocking inventory at the dealers’ end. Channel checks show that among vehicle categories, inventory build-up is relatively better for two wheelers, passenger vehicles, and tractors. On the other hand, commercial vehicles and three-wheelers are likely to remain the laggards.

“Our interaction with leading industry channel partners indicates two-wheeler inventory has reached 30–45 days on the expectation that sales momentum would continue into the festive season and passenger vehicles inventory would sustain at a comfortable level of 20–30 days. Inquiries were encouraging and better than last year,” Motilal Oswal Securities Ltd said in a report on 30 September.

The broking house expects wholesales in September to grow on a year-on-year basis for all segments barring medium and heavy commercial vehicles (M&HCV). It said, low starting inventory, a low

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Smooth drive likely for auto sales in September; tractors, PVs, 2Ws volumes to rise



a car is lined up on the street: Smooth drive likely for auto sales in September; tractors, PVs, 2Ws volumes to rise


© Nishant Kumar
Smooth drive likely for auto sales in September; tractors, PVs, 2Ws volumes to rise

Auto sales may continue to show an uptrend in September, especially in tractors, passenger vehicles (PVs) and two-wheelers (2Ws), brokerages and industry observers have said.

Tractors, PVs and 2Ws volumes may show an uptick supported by improving retail and inventory build-up with dealers before the festival period.

The recovery in the automobile industry has been faster than expected. Axis Securities highlighted that the industry seems to be recovering from the coronavirus blow on the back of the robust rural economy, pent-up demand, a shift in preference for personal mobility over shared mobility and the need to maintain distance.

“The industry volumes are showing a healthy sequential recovery led by tractors and 2Ws and followed by PVs and CVs. Based on our recent channel checks, the inquiry levels are increasing and the dealers are

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TrueCar Shares Best End-of-Month Cash, Lease and Finance Deals on New Vehicles for September

SANTA MONICA, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — TrueCar, Inc. (NASDAQ:TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-month deals on new and used vehicle purchases and trade-in values for September 2020.

“Inventory availability on popular models continues to be a challenge this month and likely through the end of the year due to production pauses a few months ago, so consumers looking for the best deals will likely need to be flexible in their trim and model choices,” said Nick Woolard, Director of OEM Analytics.

“Now is also a good time to find a deal on the outgoing 2020 model year vehicles,” added Woolard. “Automakers typically begin introducing their new model year in the spring and summer and start discounting the outgoing model. This year there have been delays introducing the new models which means many of

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Postpone until September 2021 in COVID shuffle

The auto show shuffle continues, and Detroit may have just drawn an inside straight.

As you probably heard last week, the North American International Auto Show for 2021 is moving to September. The show — a January staple that had been eclipsed by CES in Las Vegas — reinvented itself for 2020 as a June event that would kick off the summer with neat-o demonstrations and a citywide (or downtownwide) festival of hands-on excitement and entertainment worthy of the Motor City.

But the pandemic pushed that plan back a year, and then Los Angeles decided to move its 2021 event — held around Thanksgiving in recent years — to May. That crowded the calendar, especially coming so soon after New York’s planned show in April.

So the NAIAS, a production of the Detroit Auto Dealers Association, shifted gears. The nifty tech displays — and, presumably, the planned German Haus biergarten

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PUBG Mobile bans 2,376,017 accounts from 18th to 24th September for hacking

PUBG Mobile developers have released the latest report regarding the accounts that have been banned, from 18th September to 24th September, for hacking the game. As per the report released by PUBG Mobile, the developers detected 2,376,017 accounts involved in activities like cheating and griefing, which are against the terms and conditions of the game.

As a result, a permanent ban has been issued to all of the two million-plus accounts. They have also been suspended from accessing the in-game servers.

The official statement of PUBG Mobile reads:

“From 18th September to 24th September, 2,376,017 cheaters were permanently suspended from accessing our game.”


PUBG Mobile ban report from 18th to 24th September

Accounts banned break-up (Image Credits: PUBG Mobile)
Accounts banned break-up (Image Credits: PUBG Mobile)

Delivering fair gameplay to legitimate players has always been the top priority for PUBG Mobile, and the two million-plus accounts mentioned above were suspended due to the following reasons:

36%:

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Car discounts September: Up to Rs 20,000 off on Toyota Yaris, Glanza

Toyota’s big sellers like the Innova Crysta as well as Fortuner don’t have an outright discount but then if a dealer is relenting, there could be exchange bonus or even outright cash benefits too.

Toyota has been pushing discounts on its cars ever since the pandemic started. The scale of discounts go up or down depending on the month. September seems to be a very good time to buy a Toyota vehicle. As of now, Toyota dealerships that are open are ready to offer huge discounts on the Glanza and Yaris. While the Glanza sells in decent numbers, the Yaris is a slow mover. On the Toyota Glanza V MT variant, the dealers are offering Rs 15,000 cash discount. Aside from this, if a customer is looking to exchange his old car then he can avail of an additional Rs 15,000 bonus. If you’re a corporate, there is also the

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U.S. auto sales gain pace in September as demand recovers: JD Power, LMC

(Reuters) – The pace of U.S. auto sales is expected to rise 3.3% in September from the prior month, helped by strong consumer demand and the Labor Day holiday, industry consultants J.D. Power and LMC Automotive said on Friday.

The seasonally adjusted annual sales pace for September is expected to be 15.7 million vehicles, up from 15.2 million vehicles in August, but down from 17.3 million units a year earlier, the consultants said.

U.S. auto sales have bounced back since hitting a pandemic-fueled bottom in April, leading major automakers to ramp up production and boost weak inventories at dealerships.

However, rising COVID-19 cases in the U.S. states have increased the uncertainty over a speedy economic recovery.

“Lockdown measures are now fairly loose in many parts of the world, but a risk of the reintroduction of more restrictive and widespread measures certainly cannot be ruled out,” said Jeff Schuster, president of

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Record-High Prices, But Unclear Yet If September Volume Up Or Down

For the month of September, one important measure of U.S. auto sales may be on track to achieve a small increase vs. the same month a year ago.

That would be the first time that’s happened since February, before businesses were shut down to limit the spread of the coronavirus, according to a forecast from J.D. Power and LMC Automotive.

A different forecast, from TrueCar’s ALG Inc., predicted sales would be down in September 2020 vs. September 2019.

However, both forecasts agree that with demand high and supplies of new vehicles relatively low, dealerships are getting top dollar.

The average transaction price for new cars and trucks is headed for a record $35,655 for September, beating the latest all-time high, which was set just one month earlier, in August 2020, according to the monthly forecast from

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U.S. Auto Sales Gain Pace in September as Demand Recovers: JD Power, LMC | Investing News

(Reuters) – The pace of U.S. auto sales is expected to rise 3.3% in September from the prior month, helped by strong consumer demand and the Labor Day holiday, industry consultants J.D. Power and LMC Automotive said on Friday.

The seasonally adjusted annual sales pace for September is expected to be 15.7 million vehicles, up from 15.2 million vehicles in August, but down from 17.3 million units a year earlier, the consultants said.

U.S. auto sales have bounced back since hitting a pandemic-fueled bottom in April, leading major automakers to ramp up production and boost weak inventories at dealerships.

However, rising COVID-19 cases in the U.S. states have increased the uncertainty over a speedy economic recovery.

“Lockdown measures are now fairly loose in many parts of the world, but a risk of the reintroduction of more restrictive and widespread measures certainly cannot be ruled out,” said Jeff Schuster, president of

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You can donate new and used adult and children’s bicycles at Earnhardt Auto Centers on Saturday, September 26

Earnhardt Auto Centers is a paid advertiser of Sonoran Living

Will your old (or new) bicycle change a life?

Donate bikes this month to the 2020 Second Chance Bike Drive to get wheels to people in need
Just one bike can make all the difference. That’s why this September, ABC15 is hosting the 2020 Second Chance Bike Drive with the help of Earnhardt Auto Centers. All donated bikes – new and used – will go to St. Vincent de Paul’s Bike Shop to help get wheels to those who need them most and support programming.

“A bike has the power to completely change a person’s life,” said Shannon Clancy, SVdP associate executive director. “When one of our guests experiencing homelessness or living in our transitional shelter receives a bike, the world opens a little wider to them with additional job opportunities and means of everyday living. And a child recipient

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