Car, two-wheeler sales to moderate in FY25 as pent-up demand dries up: Ind-Ra
Passenger vehicle volumes could grow 5%-8% in FY25, as the pent-up demand normalises, says rating agency
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TVS Motor shares swing to record high on its foray into Vietnam
The company enters Vietnam through its collaboration with Minh Long Motors, which will be its distribution partner.
Passenger vehicle sales rise 6.5% in August: FADA
It is alarming that inventory levels have exceeded the 60-day supply for the first time, says FADA.
Ola Electric's consolidated loss widens 4X to ₹784.15 cr in FY22
The electric two-wheeler manufacturer's operating revenue surged from ₹0.86 crore in FY21, to ₹373.42 crore in FY22.
July PV sales up 3% to 3 lakh; two-wheelers see 7.2% dip: SIAM
The two-wheeler sales, however, declined by 7.2% during the month under review to 16,08,414 units as against 17,70,676 units sold in the same period last year
Inflation, El Niño may hit two-wheeler sales in rural India
Two-wheeler sales grew 12% year-on-year in March but were down 9% from pre-Covid levels.
Succession planning at Hero MotoCorp: CFO Niranjan Gupta is now CEO
Pawan Munjal, current CEO and chairman of Hero MotoCorp, will continue as executive chairman and whole-time director on the board.
Covid-hit two-wheeler industry will take five years to recover: Honda
The two-wheeler industry bore the brunt of the pandemic-induced uncertainties, and the chief of Honda's Indian arms suggests that the industry has been set back by a decade.
EV disruption: Hero most vulnerable, TVS has R&D benefit, says UBS
Hero MotoCorp needs to monetise its internal EV developments, or it will be dethroned once the market is fully electrified. TVS is poised to benefit from its strong R&D initiatives and brand building
Is auto sales growth for real?
Most companies that are seeing a revival in growth are reporting it on a lower base of last two years. Are they really on the growth track?
