Indian automobile industry records 12.5% growth in FY24

[ad_1] The Indian automobile industry posted a satisfactory performance, with the domestic industry growing by 12.5 per cent during the last financial year (FY24) to 2,38,53,463 units compared with 2,12,04,846 in the previous year, Society of Indian Automobile Manufacturers (SIAM)...

PV Waiting Period in India Returns to Pre-Covid Levels

[ad_1] The passenger vehicle (PV) waiting period in the domestic market has come to the pre-Covid levels with around three lakh units in the backlog, which is an average waiting time of around 26 days, industry veterans said on Thursday.“The...

‘Buoyant Bharat’ boosts passenger vehicle & two-wheeler sales growth in February

[ad_1] February 2024 witnessed passenger vehicles and two-wheelers stay in the positive growth lane, while commercial vehicles and tractors reported a decline in volumes.In the passenger vehicle (PV) segment, most of the players such as Maruti, Hyundai, Tata, Mahindra, Toyota...