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Retail auto sales robust in FY24, but March sales muted
The auto sector witnessed a double-digit increase across various categories, driven by strong demand for passenger vehicles, three-wheelers, and tract
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Bumper auto buying before price hike
During the festive period, passenger vehicle retail sales rose to 5,47,246 units, up 10 per cent from 4,96,047 units in the same period last year
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Fuelling India’s economy, 9 indicators that point towards recovery
The economy is expected to recover sharply from manufacturing, services, GST, card payments, CVs, jewellery, electronics and sales of retail products.
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Bajaj Auto reported 24% sales growth in June 2021
Domestically, Bajaj Auto sold 1,61,836 units in June 2021 with an increase of 7% to 1,51,189 units as compared to last year
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Want to bet on commercial vehicle space? Brokerages are bullish on this multibagger
With a rally of 258% since March 2020 lows, shares of the company have already outperformed the benchmark equity index BSE Sensex
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Non-commercial vehicles’ output falls 21% m-o-m in April: Report
On the volume side, the domestic automobile industry's sales volume (excluding commercial vehicles) declined 30% m-o-m in April
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Passenger vehicle sales up 28% in March over last year
Two-wheeler sales register a 35% decline over last year
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Scrappage policy to give fillip to auto sector volumes; spur demand for new vehicles: ICRA
ICRA estimates that the population of vehicles older than 15 years would be 1.1 million units by the financial year 2024, offering significant potenti
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Ind-Ra revises outlook of auto sector to improving for FY22 from negative
The rating agency said it expects auto volumes to rebound at 16-20% year-on-year in 2021-22 after recording an estimated decline of 14-18% year-on-yea
