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Big Drop In Car Sales In July-September, But 2-Wheelers Pick Up The Pace
Sales of passenger cars in the country saw a significant decline in the second quarter of FY25, as highlighted by the latest sales data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday.
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Jio Things, MediaTek Unveil 4G Smart Android Digital Cluster, Smart Module for Two-Wheelers EVs in India
Jio Things, in collaboration with MediaTek, announced the launch of the “Made in India” 4G Smart Android Digital Cluster and 4G Smart Module in India on Thursday. The devices are part of Jio Things’ Internet of Things (IoT) solutions for the two-wheeler and electric vehicle (EV) market in the country.
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Electric Passenger Vehicle Market Share in India Doubled in March 2023: FADA
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. According to FADA's data for electric vehicles, retail sales of electric pass...
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Retail Vehicle Sales Rise 14% In March: Automobile Body
India's retail vehicle sales jumped 14% to more than 2 million in March on festival demand and buying ahead of implementation of new fuel emission norms, the country's Federation of Automobile Dealers Associations (FADA) said on Tuesday.
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Top 5 Auto Ancillary Companies In India By Growth
Auto ancillary stocks are a perfect proxy play on the revival of the automobile sector.
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Maruti, Hyundai Market Share Falls In February; Tata Motors Gains: Report
As per the retail sales data collated by the Federation of Automobile Dealers Associations (FADA), Maruti Suzuki's retail sales last month stood at 1,18,892 units as compared with 1,09,611 units in February 2022
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Automobile Retail Sales See Double-Digit Growth In February On Strong Demand
Total registrations across segments rose 16 per cent year-on-year to 17,75,424 units last month, as compared to 15,31,196 vehicles in February 2022.
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EV Market in India to Cross 1 Crore Annual Sales Mark, Create 5 Crore Jobs by 2030: Economic Survey
India's EV market is expected to grow to one crore units per annum by 2030 while creating 5 crore jobs, data from the Economic Survey 2022-23 shows. The total EV sales in India stood at around 10 lakh units in 2022, according to industry estimates.
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Budget 2023: Centre Likely To Extend Incentives Scheme To More Sectors
The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, and textiles.
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India Now World's 3rd Largest Auto Market After China And US: Report
India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday.
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Retail Sales of Vehicles Rise 15% To 2.11 Crore Units In 2022: Automobile Body
"With an uptick in demand in light commercial vehicles, heavy commercial vehicles, buses and construction equipment, the government's push for infrastructure development has kept this segment going," FADA President Manish Raj Singhania said.
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"Can't Grow An Automobile Industry With 50% Taxation": Maruti Chairman RC Bhargava
The auto sector continues to be heavily taxed, which in a way has affected the growth of the industry, according to Maruti Suzuki India Chairman RC Bhargava, speaking at an event in New Delhi.
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Castrol India To Buy 7% Stake In TVS Automobile's Digital Arm
Automative lubricants maker Castrol India Limited (CIL) today said it will acquire a 7.09 per cent stake in TVS Automobile Solutions' digital subsidiary Ki Mobility Solutions with a planned investment of Rs 487.5 crore in an all-cash deal.
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India Remains Bright Spot For Car Sales This Year: Moody's
Robust car sales during the ongoing festive season amid the easing of chip shortage will help the Indian automobile industry outshine its regional and global peers this year, Moody's Investor Service said on Thursday.
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Why Indian EV (Electric Vehicles) Battery Stocks Are Set For A Massive Rally
For the first time in the history of the automobile industry, EV batteries are finding mass adoption and the industry is set for a massive re-rating.
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Big Drop In Car Sales In July-September, But 2-Wheelers Pick Up The Pace
Sales of passenger cars in the country saw a significant decline in the second quarter of FY25, as highlighted by the latest sales data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday.
-
Jio Things, MediaTek Unveil 4G Smart Android Digital Cluster, Smart Module for Two-Wheelers EVs in India
Jio Things, in collaboration with MediaTek, announced the launch of the “Made in India” 4G Smart Android Digital Cluster and 4G Smart Module in India on Thursday. The devices are part of Jio Things’ Internet of Things (IoT) solutions for the two-wheeler and electric vehicle (EV) market in the country.
-
Electric Passenger Vehicle Market Share in India Doubled in March 2023: FADA
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. According to FADA's data for electric vehicles, retail sales of electric pass...
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Retail Vehicle Sales Rise 14% In March: Automobile Body
India's retail vehicle sales jumped 14% to more than 2 million in March on festival demand and buying ahead of implementation of new fuel emission norms, the country's Federation of Automobile Dealers Associations (FADA) said on Tuesday.
-
Top 5 Auto Ancillary Companies In India By Growth
Auto ancillary stocks are a perfect proxy play on the revival of the automobile sector.
-
Maruti, Hyundai Market Share Falls In February; Tata Motors Gains: Report
As per the retail sales data collated by the Federation of Automobile Dealers Associations (FADA), Maruti Suzuki's retail sales last month stood at 1,18,892 units as compared with 1,09,611 units in February 2022
-
Automobile Retail Sales See Double-Digit Growth In February On Strong Demand
Total registrations across segments rose 16 per cent year-on-year to 17,75,424 units last month, as compared to 15,31,196 vehicles in February 2022.
-
EV Market in India to Cross 1 Crore Annual Sales Mark, Create 5 Crore Jobs by 2030: Economic Survey
India's EV market is expected to grow to one crore units per annum by 2030 while creating 5 crore jobs, data from the Economic Survey 2022-23 shows. The total EV sales in India stood at around 10 lakh units in 2022, according to industry estimates.
-
Budget 2023: Centre Likely To Extend Incentives Scheme To More Sectors
The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, and textiles.
-
India Now World's 3rd Largest Auto Market After China And US: Report
India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday.
-
Retail Sales of Vehicles Rise 15% To 2.11 Crore Units In 2022: Automobile Body
"With an uptick in demand in light commercial vehicles, heavy commercial vehicles, buses and construction equipment, the government's push for infrastructure development has kept this segment going," FADA President Manish Raj Singhania said.
-
"Can't Grow An Automobile Industry With 50% Taxation": Maruti Chairman RC Bhargava
The auto sector continues to be heavily taxed, which in a way has affected the growth of the industry, according to Maruti Suzuki India Chairman RC Bhargava, speaking at an event in New Delhi.
-
Castrol India To Buy 7% Stake In TVS Automobile's Digital Arm
Automative lubricants maker Castrol India Limited (CIL) today said it will acquire a 7.09 per cent stake in TVS Automobile Solutions' digital subsidiary Ki Mobility Solutions with a planned investment of Rs 487.5 crore in an all-cash deal.
-
India Remains Bright Spot For Car Sales This Year: Moody's
Robust car sales during the ongoing festive season amid the easing of chip shortage will help the Indian automobile industry outshine its regional and global peers this year, Moody's Investor Service said on Thursday.
-
Why Indian EV (Electric Vehicles) Battery Stocks Are Set For A Massive Rally
For the first time in the history of the automobile industry, EV batteries are finding mass adoption and the industry is set for a massive re-rating.
