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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   


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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment

Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…

PTI   


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Passenger vehicle retail sales dip 5% in August 2024; FADA raises alarm over rising inventory level

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account…

PTI   


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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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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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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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Demand for 2-wheelers and tractors shows positive momentum as rural sentiment sees lift, notes Motilal Oswal

The demand for the passenger vehicle and commercial vehicles moderated in October while the demand …

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4 mins read

Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…

Tom Carter   


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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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The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news

EV leaders are facing roadblocks heading into the final quarter of 2024.

Nora Naughton   


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Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says

Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more …

Kelly Cloonan   


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Wall Street shifts focus back to Tesla's core auto business ahead of earnings as robotaxi hype fades

Wall Street analysts said Tesla needs to release a low-cost "Model 2" vehicle and update its curren…

Matthew Fox   


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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Why has Bernstein called India’s EV sector 'irrelevant'?

Even with hefty incentives, incumbent OEMs are still unprofitable, the report stated.

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Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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Festive season to drive over 15% growth in Indian Automobile Market, says report

The Indian automobile market will experience a significant surge of over 15 per cent growth during …

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4 mins read

May auto sales rise 10% but still below pre-Covid level with challenges in store

Electric vehicles (EVs) accounted for 8% of total vehicle retail in May, according to data from the…

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US approves $2B arms sale to Taiwan including air-to-air missiles and NASAMS weapon systems

The NASAMS is a medium-range air-defense system that can be used to defend against aircraft, drones…

Rebecca Rommen   


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1 min read

May auto sales see Maruti, two-wheelers make a comeback; EVs accelerate

Here are the sales of the top automakers in India for May 2023, including electric vehicle makers s…