In December 2022, 16,22,317 units were sold as against 17,14,942 units sold in December 2021, data released by The Federation of Automobile Dealers Associations (FADA) on Thursday showed.
Auto Expo 2023 - Components would highlight and deliberate on the newer opportunities for auto component manufacturers, which would need to adapt to the change via systematic research and development.
New Delhi [India], January 2 (ANI/SRV): Auto42, a new-age automobile guide, was launched by the well-known news portal Shortpedia Group. The new web service, which targets India's sizable millennial population, is intended to help users make well-informed selections when buying cars.
Among the factors that drove the industry towards electric mobility in the country, the government's push towards electric mobility was the major driver.
Around the same time, the government had also taken up initiatives to promote the production of electric vehicles (EVs).
One of the major drivers of the EV market in India is the government's push towards electric mobility. In October 2021, the government set a target of having 30 per cent o
Ahmedabad (Gujarat) [India], December 30 (ANI/PNN): The Indian automobile sector is certainly going through a transition phase as now electric vehicles are giving tough competition to fuel vehicles and customers are also more interested in shifting towards an environment-friendly transport o
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) will benefit Indian exports from preferential duty market access in Australia and will benefit India's labor-intensive sectors such as gems and jewelry, textiles, leather, footwear, furniture, food and agricultural p
The Production-Linked Incentive scheme for automobile and auto components has managed to attract a proposed investment of worth Rs 67,690 crore against the target estimate of investment of Rs 42,500 crore, over a period of five years.
The company, through its subsidiary, will make investments of about Rs 10,000 crore over a period of 7-8 years for setting up the manufacturing facility, development, and production of Mahindra's upcoming Born Electric Vehicles (BEVs), some of which were showcased in Oxfordshire, UK, on Augu
PV sales were 2,76,231 units in November 2022, against 2,15,626-unit sales in November 2021, according to the sales data released by industry body -- Society of Indian Automobile Manufacturers (Siam).
India's Ethanol Blending Programme is driven by the highest level within the Government. The important deadlines decided for pan India implementation of E-20 are 2023 for vehicles to be material compliant, and 2025 for vehicles to be fully E-20 compliant.
According to FADA, two-wheelers (2W), three-wheelers (3W), tractors and commercial vehicles (CV) were up 24 per cent, 80 per cent, 21 per cent, 57 per cent and 33 per cent, respectively.