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
The report said recovery in two-wheeler sales at wholesale level was much behind the same in car sales
The total sales across categories increased by 14% to 13,84,711 units in August as against 12,09,550 units in August 2020.
Hero MotoCorp plans to up its EV game even if they need to get into the cash-burn customer subsidy model.
Hero Electric slashed the prices of its products by 12% for single battery models to 33% for the triple battery Nyx HX model
The price hike will be up to Rs 3,000. The exact quantum of the increase, however, will depend on the basis of the model and the specific market
On the volume side, the domestic automobile industry's sales volume (excluding commercial vehicles) declined 30% m-o-m in April
HMSI said its domestic sales in April this year stood at 2,40,100 units, while exports were at 42,945 units as compared to 2,630 units shipped last Ap
The new vertical would harness the strength of over 100 associates across different functions to make the company a global hub for two-wheeler exports
As per the latest data by SIAM, in the 2020-21 fiscal, passenger vehicle wholesales declined by 2.24% to 27,11,457 units as against 27,73,519 units in