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Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025

Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025

by AIP Online Bureau | Dec 24, 2024 | Eco/Invest/Demography, Features, Non-Life, Technology

SIAM Director General Rajesh Menon said the passenger vehicle segment continued its steady performance led by sustained demand for SUV segments and good adoption of new energy vehicles, such as electrics, hybrids and gaseous fuel vehicles New Delhi: Traversing from...
Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand FADA

Auto retail sales up 11.21 pc in Nov riding on two-wheeler demand FADA

by AIP Online Bureau | Dec 9, 2024 | Data, Eco/Invest/Demography, Policy

“although rural interest was present, it failed to significantly improve sentiment. Inventory levels have reduced by about 10 days, but to remain high at around 65-68 days”FADA President, C S Vigneshwar New Delhi: Retail sales of vehicles across categories...
Indian auto retail sales fell 19%, inventory piles up

Indian auto retail sales fell 19%, inventory piles up

by AIP Online Bureau | Oct 7, 2024 | Eco/Invest/Demography, Indian News, Non-Life

According to FADA President C.S Vigneshwar, “the Shraddh period further impacted sales negatively, leading to a YoY decline in retail sales across various categories” New Delhi: Passenger vehicle retail sales have dropped further and fell sharply by 19 per cent...
Indian auto retail sales fell 19%, inventory piles up

August auto sales dip due to excess rainfall, FADA urge banks to tighten funding to dealers

by AIP Online Bureau | Sep 6, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Non-Life

Despite this monthly setback, the sector witnessed a modest 2.88 percent year-on-year (YoY) growth compared to August 2023 New Delhi: Auto retail sales in India experienced a significant decline in August 2024, primarily due to excessive rainfall during this monsoon...

Household savings decline due to rising home, auto, personal loans

by AIP Online Bureau | May 9, 2024 | Data, Eco/Invest/Demography, Policy

Chief Economic Advisor V Anantha Nageswaran attributed the decline to a shift in portfolio where savings were being channelised to real assets NEW DELHI: Household savings are estimated to have declined for the third year in a row in FY24 as liabilities on account of...
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