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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   


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Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data

The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…

ANI   


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October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow

The month of October 2024 has not been the best for automakers despite the festive season in India.…

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1 min read

Indian auto sector can become export-led $1 trillion industry by 2035: Arthur D Little

The Indian automobile sector has the potential to become an export-led USD 1 trillion industry by 2…

PTI   


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Trump's presidency will hurt Europe's economic growth amid renewed trade tensions, Goldman Sachs says

Europe could face a 0.5% hit to GDP in a second Trump presidency amid increased trade policy uncert…

Kelly Cloonan   


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Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA

The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…

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Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report

The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…

ANI   


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Bajaj Auto sales grow 31 per cent in November

Bajaj Auto on Friday reported a 31 per cent growth in its total vehicle sales at 4,03,003 units in …

PTI   


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Economic Survey 2024 – industries grow by 9.5%, fueling economic growth to 8.2%

Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…

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April auto sales – Hyundai continues to hold the second position as Tata Motors inches closer

Hyundai continued to occupy the second position in India’s car market, with Tata Motors taking the …

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3 mins read

Indian two-wheeler majors target new global markets as exports to Africa slide

Africa was a very large market for India’s two-wheeler exports but that market has been slowing dow…

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India to become export hub for Skoda Auto from next year, says co-official

Czech car maker Skoda Auto has said India will become an export hub for the company as it is set to…

PTI   


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SUVs drive Mahindra & Mahindra’s 14% auto sales growth in May to 61,415 vehicles

Passenger vehicle sales hit 32,886 units in May compared with 26,904 units a year earlier. The comp…

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Auto and BFSI seen driving India Inc’s earnings growth this financial year

India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…

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May Auto Sales – Tata Motors and Hyundai continue to fight for the second spot as car sales grow by 4%

Hyundai Motor India and Tata Motors continued to battle for the second spot in the Indian auto mark…

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Hyundai retakes the second spot from Tata Motors, records its highest-ever sales

Hyundai lost the second position to Indian automaker Tata Motors in February 2024 after it sold aro…

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5 mins read

All major automakers except Bajaj Auto expected to register growth in January say brokerages

All major Indian automakers, except Bajaj Auto, are expected to report a year-on-year increase in t…