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PV sales to register 8% uptick in CY23; growth likely to moderate to a low single digit in CY24

PV sales to register 8% uptick in CY23; growth likely to moderate to a low single digit in CY24

autherAutocar Professional Bureau     calendar01 Dec 2023

High base, and moderating demand particularly in the small-car segment, are factors likely to impact the industry’s growth next year, while SUVs are estimated to continue surging ahead.

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NIFCO South India Manufacturing to invest Rs 288 crore in Karnataka
NIFCO South India Manufacturing to invest Rs 288 crore in Karnataka

autherAutocar Professional Bureau calendar01 Dec 2023

Company plans to hire 400 employees, of which 65% will be women

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Honda Cars registers 24% sales growth in November to clock 8,734 units
Honda Cars registers 24% sales growth in November to clock 8,734 units

By Autocar Pro News Desk calendar01 Dec 2023

The Japanese carmaker claims having witnessed a surge in demand during the festive season with its latest entrant Elev...

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TVS registers 50% sales growth in November 2023, two-wheeler sales at 191,730 units
TVS registers 50% sales growth in November 2023, two-wheeler sales at 191,730 units

autherAutocar Professional Bureau calendar01 Dec 2023

The company's scooters registered a healthy growth of 62 percent, while its all-electric TVS iQube continues to garner...

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Maruti Suzuki clocks 134,158 units in November, UVs register 51 percent growth
Maruti Suzuki clocks 134,158 units in November, UVs register 51 percent growth

By Mayank Dhingra calendar01 Dec 2023

India’s largest carmaker registered a marginal uptick of 1.36 percent in November sales, with festive season demand em...

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Ashok Leyland reports 5% YoY drop in its domestic wholesales in November 2023
Ashok Leyland reports 5% YoY drop in its domestic wholesales in November 2023

autherAutocar Professional Bureau calendar01 Dec 2023

In the LCV category, the company witnessed growth of 7% to 5,294 units in November 2023 as against 4,969 units during ...

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Bajaj Chetak Urbane under development
Bajaj Chetak Urbane under development

By Dinshaw Magol, Autocar India calendar01 Dec 2023

The new Chetak Urbane will look similar to the Chetak Premium variant, but with a smaller battery and a lesser range.

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Tata Motors CV wholesale slides 3% YoY to 26,579 units in November 2023 amid slowing demand for SCV cargo and pickups
Tata Motors CV wholesale slides 3% YoY to 26,579 units in November 2023 amid slowing demand for SCV cargo and pickups

autherAutocar Professional Bureau calendar01 Dec 2023

Small commercial vehicle (SCV) cargo and pickup segment registered a drop of 9% to 11,811 units

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Hyundai India sells 49,581 units in November, FY2024 first eight-month sales exceed 400,000
Hyundai India sells 49,581 units in November, FY2024 first eight-month sales exceed 400,000

By Ajit Dalvi calendar01 Dec 2023

Cumulative April-November 2023 sales at 411,784 units are up 8% YoY and 72% of the company’s record FY2023 sales of 56...

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MG Motor India’s November sales up 2% at 4,154 units
MG Motor India’s November sales up 2% at 4,154 units

By Ajit Dalvi calendar01 Dec 2023

Cumulative sales in the first eight months of FY2024 are 38,144 units, which constitutes 25% YoY growth

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POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

94.44%

No

 

5.56%

Total Votes : 18