Shares of two and three-wheeler auto companies were in focus during the trading session on Thursday after the auto companies announced strong sales numbers for the month of April 2024 on Wednesday, May 1. All the auto companies report their monthly sales figures on the first day of the new month. Companies like TVS Motors …
Indian two-wheeler makers’ sales to dealers inched closer to pre-pandemic volumes in October due to strong festive demand and discounts on entry-level models, data published by companies showed on Wednesday. Indians generally make big-ticket purchases, including vehicles, during the festive period, which runs from mid-October to mid-November this year. Hero MotoCorp and Bajaj Auto, which …
Two-wheeler sales are expected to experience the most significant surge compared to all other automobile categories between 2023 and 2028, according to a report from a ratings agency, reported TOI. This growth is projected to achieve a compound annual growth rate (CAGR) ranging from 9% to 11%, ultimately reaching a total of 25.9 million to …
New Delhi: Motorcycle and scooter sales in India are likely to regain their pre-pandemic peak in the next two years as strong premium-segment demand offsets the drag from weaker entry-level volumes, Diego Graffi, managing director of Italian automaker Piaggio, said. “The domestic two-wheeler industry posted a year-on-year double-digit growth in 2022-23 after three consecutive years …
Sales of passenger vehicles in the domestic market stood at 3,61,717 units in September, marking an increase of 1.9 per cent compared with the corresponding period a year ago, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Monday. The monthly sales numbers of BMW, Mercedes, Jaguar Land Rover and Volvo Auto were …
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