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1 day ago · The CareEdge Ratings report predicts the two-wheeler industry's volume growth in FY2025 to be 7-9 per cent, lower than the 9.8 per cent recorded in FY2024. Factors driving growth include increased Electric Vehicle sales, the Electric Mobility Promotion Scheme 2024, expected interest rate cuts in the second half of FY25, and strong demand for new model launches. Recovery in exports, a favorable monsoon, and improved rural consumer sentiment are also key growth drivers.
2 days ago · Sales of commercial vehicles increased last quarter, driven by strong replacement demand and continued government infrastructure spending. More than 234,000 trucks and buses were sold in the local market in the three months ended June, exceeding expectations. This marks a 4.5% rise compared to the 224,000 vehicles sold in the same period last year.
Jan 12, 2021 · Tesla opens unit in Bengaluru, names 3 directors ahead of launch. Tesla, the world's most valued carmaker has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country.
Automotive News: ETAuto.com brings the latest Automotive Sector News, online Automotive Industry News, information, views & updates. Get online news from the Indian Automotive industry.
