Delhi [India], December 17: INDEA (Indian School for Design of Automobiles), in collaboration with XLRI-Delhi NCR, successfully hosted The INDEA Debate 2024 at the India Habitat Centre in New Delhi. The event provided a platform for leading minds from automotive design and design management
The auto component aftermarket grew by 5 per cent due to increase in used vehicle parc and formalization of the repair and maintenance market, according to the findings of Automotive Component Manufacturers Association of India (ACMA).
The total passenger vehicle dispatches from companies to dealer witnessed a 4.1 per cent increase year on year in November to 3,47,522 units, according to a data released by Society of Indian Automobile Manufacturers (SIAM).
The demand for the affordable small vehicles in India is expected to witness a recovery in 2025; however, the major markets such as the US and Japan are still struggling to meet the demand, stated Nomura in its report.
The Indian automobile industry is currently number 3 in the world behind China and the US, and the government is aiming to take it to number one in the next five years, said Union Transport Minister Nitin Gadkari.
Hundreds of employees on wednesday at an automotive trim company in Shanghai protested by blocking a major highway in the city, in response to plans for widespread layoffs.
Pune (Maharashtra) [India], November 21: India is experiencing a major shift in its economic landscape, with rising household incomes fuelling an unprecedented boom in domestic consumption. This change is not only happening in cities but also in rural areas, creating new opportunities for bu
The automobile retail demand during this year's festive season witnessed a surge with sales growing at the rate of 11.76 per cent over last year's 38.37 lakh units, according to the Federation of Automobile Dealers Associations (FADA).
India has enough potential for automakers, particularly because the car density here is about 35 per 1,000 people, said Hisashi Takeuchi, Managing Director and CEO.
Automobile giant Tata Motors reported a consolidated net profit decline of 11.18 per cent to Rs 3,343 crore for the July-September 2024 quarter, according to the company's financial report released on Friday.
New Delhi [India], November 7: Ensuring maximum delight for farmers all throughout during the recently concluded biggest festive season, India's No. 1 tractor export brand Sonalika Tractors has reached a new pinnacle of its highest ever monthly overall sales record of 20,056 tractors in Oct