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India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers

India Auto Inc retail sales down 4% in April, FADA urges 10% GST cut on two-wheelers

Ajit Dalvi     calendar04 May 2023

FY2024 opens on a slower note with overall sales at 1.72 million units; 7 percent decline in two-wheeler retails and 1 percent for passenger vehicles drag overall April 2023 numbers down.

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‘We understand the speed and sequence of EV adoption’: Dharm Vahalia Interview
‘We understand the speed and sequence of EV adoption’: Dharm Vahalia

By Chandan B  Mallik calendar04 May 2023

Dharm Vahalia, Managing Director South Asia, Ascend Performance Materials is bullish about the e-mobility and e2W appl...

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Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24 News
Petronet LNG to establish 4-5 compressed biogas stations, includes them as part of Rs 1,700 crore capex plan for FY24

By Shahkar Abidi calendar04 May 2023

In addition to that, it has already set up four LNG stations in conjunction with IndianOil, the company's top leadersh...

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MHI's Rs 800 crore recovery crackdown on EV OEMs is first step towards detangling FAME II subsidy resolution News
MHI's Rs 800 crore recovery crackdown on EV OEMs is first step towards detangling FAME II subsidy resolution

By Amit Vijay M calendar04 May 2023

According to Autocar Professional’s estimates, a total of Rs 837 crore in the industry will have to be paid to MHI. Th...

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Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues News
Buoyed by a strong EV order book Sona Comstar posts a 35 percent jump in Q4 revenues

autherAutocar Professional Bureau calendar03 May 2023

The company has posted a net revenue of Rs 2,676 crore, registering a 26 percent YoY growth.

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SMEV welcomes MHI's efforts to restore status quo News
SMEV welcomes MHI's efforts to restore status quo

autherAutocar Professional Bureau calendar03 May 2023

Terming the news about the Ministry giving clean chits to various companies as a move in the right direction, Gill sai...

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Amara Raja eyeing government's lithium initiatives as it rushes to finish first phase of lithium-ion battery gigafactory by Apr '26 News
Amara Raja eyeing government's lithium initiatives as it rushes to finish first phase of lithium-ion battery gigafactory by Apr '26

By Shahkar Abidi calendar03 May 2023

The company believes it can support the government's push for India to achieve self-sufficiency when it comes to lithi...

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Apollo Tyres collaborates with SAP Cloud as it aims for US$5 billion in revenues by FY26 News
Apollo Tyres collaborates with SAP Cloud as it aims for US$5 billion in revenues by FY26

autherAutocar Professional Bureau calendar03 May 2023

Under Apollo Tyres’ digitalisation efforts, moving to SAP’s integrated and secure cloud platform will enable the compa...

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Autocar Professional’s May 1, 2023, issue is out! News
Autocar Professional’s May 1, 2023, issue is out!

By Chandan B Mallik calendar03 May 2023

This 56-pager is power packed with news, features, interviews and technology articles that will keep you up to date on...

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Altigreen joins hands with Sundaram Finance to provide customised retail financing solutions for commercial EV buying News
Altigreen joins hands with Sundaram Finance to provide customised retail financing solutions for commercial EV buying

autherAutocar Professional Bureau calendar03 May 2023

The partnership is expected to generate significant interest in the market, and customers can look forward to a range ...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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24.72%

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Total Votes : 627