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For Moneycontrol Pro Panorama's November 12 edition: US-China trade war could trigger India’s exchange rate, Power Grid’s capex recovery explained, signs of a downcycle in commercial vehicles, time to shift gears on climate change, and more
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Industry players say that the jump in retail sales witnessed in the first 25 days of this festival season is attributed to factors including attractive discounts, tailor-made financing options, new models and rising incomes.
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The encouraging numbers came on the back of positive sentiments across rural and semi-urban areas and the expectations of strong demand during the festive season.
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Unfortunately, two export regions for the company- Nigeria and Bangladesh- are under pressure, and that could cap margin expansion
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Union Budget 2024: A specialized PLI plan for recycling lithium-ion batteries is also being proposed to boost adoption
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The auto maker is firing on all cylinders, but concerns on its ability to sustain domestic sales growth, exports and rise in costs remain
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Despite rising commodity prices and the increase in vehicle costs, factors like improved supply of semiconductor chips and strong economic growth for FY24 resulted in higher vehicle offtake, as per SIAM.
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As per industry observers, widespread deployment of funds during polling season will lead to larger sums of money in the hands of people especially in the rural market
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CLSA added that the competition in the space is escalating, especially in the EV and premium segment
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The company that the revenue growth was led by “acceleration in the domestic business” on the back of “sharp execution and impactful activation” during the festive season
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With the launch of the Rizta, Ather will be finally entering the more conventional family oriented scooter segment.
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While domestic auto sales across all segments grew 19.48 percent YoY, PV exports slipped slightly to 1,69,463 units against 1,70,458 units during this period.
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Robust sales in entry-level 2W is a positive, but the low base effect, replacement demand and festive cheer may wear off
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Bajaj Auto's total sales are likely to have risen 25% to 3.51 lakh units and TVS auto sales may have increased by 30% to 3.14 lakh units in December.
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Operating losses in the initial years may not dampen investor sentiment but any dip in sales volumes could change earnings forecasts
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Sales in the motorcycle and scooter segments reported increase of 10 and 8 percent, respectively, this September compared to the same period last year.
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He added that about 95 percent of EV owners charge their vehicles at home and a widespread availability of charging infra will help grow the segment manifold
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Lowering FAME II subsidies is a spoke in the wheel of electrification
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The aggressive rejig of portfolios and pricing strategies by global motorcycle brands Harley and Triumph in Indian markets is set to dent RE’s market share
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Shares of the Nifty Auto index closed 1.7% lower on Wednesday, with every company on the index, except for TVS Motor, having fallen.
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NHAI has set maximum speed limits for various categories of motor vehicles on the access-controlled highway, ranging between 80 km/h and 100 km/h.
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The rise in net profit for the first quarter is on the back of a favourable product mix, healthy volumes and an increase in the average selling price of its lineup.
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Various technological and market disruptions could alter 2W market, market share of companies and their valuations
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TVS Motor has been revving up sales and market share over last few quarters, will margins follow?
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Niranjan Gupta said the company will establish a chain of 100 exclusive outlets for Vida e-scooters by March 2024.
