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Hyundai to recall 1,744 units of Ioniq 5 EV
The car reported some issues in its integrated charging control
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PV dispatches from factories rise 4% in May
Dispatches were the highest ever for the month of May so far, driven by robust offtake of utility vehicles
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Car dealers sitting on 400k stockpile
The inventories might be valued at an astounding Rs 44,000 crore on the face of demand tapering after a three-year almost unbroken sales run
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Two-wheelers gaining traction again
There has been a recovery in two-wheeler sales figures in FY24, with an increase of over 10%, which indicates an improvement in rural demand
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In reverse gear: Automobile exports skid 5.5% in FY24
The highest passenger vehicle brand to grow was the country’s biggest automobile manufacturer Maruti Suzuki. In 2023-23 it exported 2,80,712 vehicle
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PV sales post 8.4% growth; cross 4.2 million in FY24
Vehicle sales across categories rose by 12.5 per cent to 2,38,53,463 as against 2,12,04,846 units in fiscal year 2022-23
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Passenger vehicle sales rise 11% in February
As has been the trend for some time now, sports utility vehicles continued to steer demand in the market.
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Passenger vehicles have a bumper ride in 2023
Passenger vehicle sales in India touched a record high of 41.08 lakh units in 2023, growing by 8.3 per cent over the previous year driven by SUVs, whi
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Two-wheeler demand in fast lane, thanks to rural demand
April and May have already given the industry a taste of the things that might unfold in the road ahead with sales figures that registered a growth of
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Inflation cools for 3rd month in row
PFRDA: NPS subscribers can buy multiple annuity plans, Investors turn cautious on equities, Two Adani stocks hit lower circuit, VI lost 2x more subscr
