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Auto sector poised for robust growth in July 2024 with double-digit surge in two-wheeler sales: Anand Rathi report
The surge is attributed to solid retail demand, estimated at approximately 15 per cent y/y, strateg…
ANI
Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report
Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…
ANI
Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM
Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighte…
Indian auto retail sector records 27% YoY growth in April: FADA
The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…
ANI
With monsoon worries gone, auto sector bets on stellar festive revival
As the festive season is upon us, there is a sense of eager anticipation and excitement that is swe…
Three wheelers see record sales as auto sector posts 9% growth between April-September
Three wheeler sales in the first half of the current financial year (FY24) have hit a record and be…
Domestic commercial vehicle industry to see 4-7% dip in volumes next fiscal: Icra
Domestic Commercial Vehicle (CV) volumes are expected to dip 4-7 per cent year-on-year next fiscal …
PTI
Domestic passenger vehicle wholesales dips 2.5% at 3,41,510 units in July: SIAM
The sales were impacted by high base effect as well as companies reducing vehicle dispatches to dea…
PTI
Indian auto component industry turnover grows 9.8% in 2023-24; outlook positive: ACMA review
The turnover stood at Rs 6.14 lakh crore (USD 74.1 billion) during the year, said the ACMA, the bod…
ANI
Indian commercial vehicle sector will log volume growth say experts
The sector recovered 26 per cent in the fiscal 2021-22 after being hit by Covid-19. During …
SpaceX is launching 4 people on a risky mission to fly through radiation belts and do the first commercial spacewalk
SpaceX's latest daring billionaire mission aims to open the Crew Dragon spaceship in the vacuum of …
Morgan McFall-Johnsen
India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand
The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
As auto sales slip in July, dealers pin hopes on upcoming festive fervour
The Indian auto industry reported a 10% year-on-year increase in sales in July, just like the last …
Commercial vehicle industry volumes to see 7-10 pc growth in FY24: Icra
The growth will, however, moderate from 24-26 per cent in the current financial year, it added. …