India’s Passenger Cars and Utility Vehicles sector is witnessing steady growth, with domestic sales reaching 4.34 million units in FY25, a 2.6 percent year-on-year increase, despite challenges like high inventory levels and sluggish urban demand. Valued at Rs...
The share of the leading automobile manufacturers plummeted up to 3 percent after 25 percent tariffs imposed on cars that are not manufactured in the US earlier by US President Donald Trump will come into effect today. Price movement With a market...
The automobile sector accounts for approximately 6 percent of India’s GDP, with exports reaching 4.5 million units in FY24, including 6,72,105 passenger vehicles and 3.45 million two-wheelers. Over the past four years, the sector has attracted $36 billion in foreign...
The automobile sector accounts for approximately 6 percent of India’s GDP, with exports reaching 4.5 million units in FY24, including 6,72,105 passenger vehicles and 3.45 million two-wheelers. Over the past four years, the sector has attracted $36 billion in foreign...
India’s passenger car market is valued at USD 42.72 billion in 2024, projected to reach USD 53.04 billion by 2029. While overall passenger vehicle sales declined by 3.4% in September, utility vehicles grew by 6.7%. SUVs dominate with a 41% market share, with...
India’s electric vehicle (EV) market is poised for significant growth in the coming year, with S&P predicting it will triple in size. This surge is expected to open up lucrative opportunities for companies in the EV ecosystem, including manufacturers,...
The Indian stock market is currently facing substantial volatility, with both the BSE Sensex and Nifty 50 experiencing sharp declines. As of December 20, 2024, the Sensex dropped by over 1,000 points to around 78,170.96, while the Nifty 50 fell to approximately...
Tata Group stock a leading global automobile manufacturer is in the spotlight after securing an additional order for 148 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). This move strengthens the company’s position in the growing electric...
Introducing the ICNG and entry into the EV market shows positive growth and expansions.On the path of recovery from Semiconductor chip shortage.Reduction of losses is a positive. Analyst favor the BUY ratings looking at the growth prospects. Tata Motors, one of...
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