Demand outlook for tyre industry stays favourable: ICRA

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The tyre industry’s demand is poised to grow at 13-15 per cent and 7-9 per cent (in tonnes) in FY2022, after two years of...

June sales see hefty growth

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After battling a tough April 2021 due to lockdowns induced by the second wave of coronavirus, the automobile industry witnessed growth in sales in...

ICRA pegs tractor industry growth for FY22 at 1-4 pc

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Ratings agency ICRA expects a 1-4 per cent Y-o-Y growth in domestic tractor volumes in FY2022 amid an evolving COVID-19 situation. Even as uncertainty with...

Vehicle sales to rebound in 2021

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The lockdown imposed to curb the second wave of COVID-19 and the paused economic activities in India has caused the vehicle sales to decline...

Sales more than double in March

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A total of 3,20,487 passenger cars were sold in March this year compared to 1,43,014 in the corresponding month last year showing an increase...

Component suppliers to see over 70 pc dip in Q1 profits:ICRA

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Auto component suppliers are set to witness over 70 per cent decline in operating profits in Q1 FY2022 due to COVID 2.0 lockdown restrictions,...

AEEE comes up with Green Vehicle Rating

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The Alliance for an Energy Efficient Economy (AEEE), which works on creating awareness about energy efficiency as a resource, has released Green Vehicle Rating...

Three-fold increase in digital vehicle exploration

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In what seems to be a clear indicator of changing consumer behaviour, as many as 7.6 million Indians chose to experience the features of...

PV industry is set to post 22-25 pc growth in FY22: ICRA

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The passenger vehicle industry in the country is expected to post an impressive growth of 22 pc to 25 pc for FY2022, after 2-4...

Okinawa sales surge 30 pc

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Electric two-wheeler manufacturer Okinawa Autotech witnessed 30 per cent increase in sales over the last quarter. The company attributed this upsurge to the growing...

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