During the September quarter, two wheeler dispatches declined by 12% from 46,90,565 units in the second quarter of 2020-21
One in four buyers of cars with an on-road price of over Rs 4 crore come from cities such as Ludhiana, Kanpur, Guwahati, Salem, Surat, Madurai etc.
With semiconductor shortage hitting production and rising input costs triggering price rise, consumers should temper expectations of discounts.
The ground realities are not in line with the Rubber Board's guidance as market arrivals of sheet rubber have dried thin.
But if fuel prices continue to go northwards, it will impact the carmakers at some point and optimism will soon peter out
The month of June and July were good for carmakers in terms of sales with most of them recording a robust growth on a year-on-year basis.
The report said that with economic uncertainty looming over the heads, the preference for affordable used cars has been further amplified.
This surge in demand comes at a time when a shortage in semiconductors and shipping containers have impacted the production schedules of automakers ac
The possibility of the third wave of the Covid-19 pandemic coupled with the rise in fuel prices has put the industry in a difficult situation
The phased easing of Covid-induced curbs worked in favour of automakers for building up the dealership inventory to meet the pent-up demand