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Domestic passenger vehicles sales expected to stay strong this fiscal
Tata Motors targeting to sell 1 lakh units of electric passenger vehicles in FY24, says company’s MD Shailesh Chandra
Moderate growth in passenger vehicle demand
The sales volumes may remain partly constrained due to the continuing supply challenges in semiconductors and also the sharp increase in retail fuel...
Tata Motors to raise PV prices by 0.9%
Automobile manufacturer Tata Motors will marginally increase the price of its passenger vehicles from Wednesday (January 19). According to the...
ICRA cuts growth forecast for PV industry to 8-11% for FY22
On account of the ongoing semiconductor shortage the rating agency has downgraded growth forecast from 14-17% to 8-11%
Auto industry missed the 'festive season' bus on chip crunch
Hopes of recovery amid festive season has proven to be unsuccessful for auto industry as semi-conductor chip shortage continues to create trouble.
Uptrend forecast on commercial vehicle sales
Whereas, passenger vehicles’ volumes may take a hit owing to the chip shortages
Chip shortage cramps PV sales
Sales of passenger vehicles (PV) in India fell 41% to 160,070 units in Sept
Pent-up demand, base effect push July domestic PV sales' higher
Pent-up demand along with base effect and low interest rates accelerated India' domestic PV sales on a year-on-year and sequential basis in July.