SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Domestic car sales improve for the first time this fiscal; grow by marginal 0.73% in September

08 Oct 2013 Evaluate

Domestic car sales have improved for the first time this fiscal with the industry selling 1.56 lakh cars during September, up by 0.73% from a year earlier 1.54 lakh. However, the uptick remained limited on account of high interest rates and fuel costs.

Meanwhile, sales of Two-wheeler sales also improved by 18.39% on year-on-year basis to 12.65 lakh units during the month compared with 10.69 lakh units in September 2012, according to the data released by Society of Indian Automobile Manufacturers (SIAM). However, total sales of commercial vehicles were lowest in the last 38 months, i.e, down by 26.95% to 51,680 units from 70,746 units in the year-ago period.

Nevertheless, total sale of vehicles across categories registered a growth of 11.64 per cent to 15,80,254 units in September 2013 as against 14,15,526 units in the same month of 2012. Going further, Automakers expect some recovery on cards as demand picks up during the key festive months between September and December, considered to be auspicious by Indians for making big-ticket purchases.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×