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automobile industry

automobile industry: Sales data of July reflects a positive outlook for the Indian automobile industry: SIAM

by Horatio Thompson
automobile industry: Sales data of July reflects a positive outlook for the Indian automobile industry: SIAM

Passenger vehicle sales in July stood at 3,41,510 units, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday. Three-wheeler sales in the same month were …

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Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

by Horatio Thompson
Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%

New Delhi: Vehicle registrations in the country – a proxy for retail sales – went up by a robust 27% year on year to 2.2 million units in April, led …

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Maruti Suzuki export plans: Maruti Suzuki reveals recipe for improved export plans in FY25

by Horatio Thompson
Maruti Suzuki export plans: Maruti Suzuki reveals recipe for improved export plans in FY25

After a fruitful FY24, Indian automaker Maruti Suzuki is eyeing nearly 3 lakh exports in FY25 with focus on bettering its portfolio abroad, the company’s Executive Director of Corporate Affairs …

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Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

by Horatio Thompson
Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including …

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Sales of cars, sedans, utility vehicles see their best-ever February

by Horatio Thompson
Sales of cars, sedans, utility vehicles see their best-ever February

Sales of cars, sedans and utility vehicles in the local market increased in healthy double-digits to their best-ever level for the month of February at 373,177 units on back of …

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Growth momentum to continue amid positive economic scenario: JK Tyre

by Horatio Thompson
Growth momentum to continue amid positive economic scenario: JK Tyre

JK Tyre expects demand momentum to continue for the tyre industry in the medium to long term, with the automobile industry set to grow amid a positive economic environment, according …

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India to be number 1 auto manufacturing hub in 5 yrs

by Horatio Thompson
India to be number 1 auto manufacturing hub in 5 yrs

India will become the number one automobile manufacturing hub in the world by 2029 and the country will be the third largest economy, road transport and highways minister Nitin Gadkari …

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pli: Automobile industry will contribute to India’s rise as third largest economy

by Horatio Thompson
pli: Automobile industry will contribute to India’s rise as third largest economy

Indian automobile industry will have the highest contribution to the country’s rise as the third largest economy, Heavy Industries Minister Mahendra Nath Pandey said Tuesday. Speaking at the auto Production …

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Predictions for 2024: Small cars may lag in a good year for motown, says RC Bhargava, Maruti Suzuki

by Horatio Thompson
Predictions for 2024: Small cars may lag in a good year for motown, says RC Bhargava, Maruti Suzuki

The growth of the automobile industry, which in normal times closely tracks the growth of the GDP, was adversely affected in 2019-20 by the switch to BS6 standards, then by …

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Nitin Gadkari: Govt plans to double turnover of automobile industry to Rs 15 lakh crore: Nitin Gadkari

by Horatio Thompson
Nitin Gadkari: Govt plans to double turnover of automobile industry to Rs 15 lakh crore: Nitin Gadkari

The government intends to double the turnover of the automobile industry to Rs 15 lakh crore from Rs 7.5 lakh crore at present, Union Minister for Road Transport and Highways …

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