Demand for e-2-wheelers up, tractors, earth moving equipment to pick up: TCI
TCI’s profit after tax increased 25.4% year on year to ₹103.3 crore in Q4, FY24
auto sector
May 2024
December 2023
April 2023
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December 2022
November 2022
Historic November for auto sales in India: FADA
Passenger vehicles and two-wheelers set new all-time highs.
Auto sector Q4 results: Will improved product mix, moderation in costs to drive growth?
Revenue of auto OEMs is expected to grow at 19% YoY in Q4FY23, while it is projected to register a growth of 8% QoQ, according to Axis Securities.
Domestic auto demand to offset weak exports: Report
The ratings agency expects the domestic sales volumes to grow 7%-10% year-on-year in FY24, after rising 19%-21% in FY23.
The New Auto Champions
As industry enters a new growth phase, emerging ancillary players are shaking up the status quo.
India's auto industry to grow in high single digits in FY24: Report
Domestic industry volumes will continue to drive growth, with export prospects remaining weak, says ICRA.
India's auto component industry's great chance to be factory to the world
India is the third largest automotive market and is expected to lead the rebound in passenger vehicle sales.
Heavy taxation coming in the way of growth in car market: RC Bhargava
At 28%—the highest slab of GST—and a compensation cess ranging between 1% and 22%, India's policy of heavily taxing passenger vehicles is dulling the prospects of growth in the industry, says Bhargava
Auto sector recovery continues as Nov sees record sales
SIAM data shows auto companies sold 2,76,231 PV units in November 2022, a growth of 28.1%. It’s 32% if Tata Motors’ numbers are added.
Steep price hike due to BSVI-II; auto sector must stay cautious: FADA
The implementation of BSVI Stage II regulations, which will mandate the onboard diagnostics (OBD)-2 norms, is going to entail a steep price hike across all categories of vehicles.
