by AIP Online Bureau | May 8, 2024 | Data, Eco/Invest/Demography, Policy
“The auto industry remains cautiously optimistic about its near-term outlook,” it said.Auto sales are keenly watched as a key indicator of private consumption in India. The auto sector contributes around 7% to India’s economy.Retail car sales grew...
by AIP Online Bureau | Apr 15, 2024 | Data, Eco/Invest/Demography, Non-Life
Manish Raj Singhania, President of FADA, expressed his enthusiasm for this initiative, highlighting its significance in understanding the dynamics of dealer-Finance and Insurance company relationships. He emphasized that the study would serve as a platform to address...
by AIP Online Bureau | Apr 8, 2024 | Data, Eco/Invest/Demography, Non-Life
The retail sales across segments rose by 10 per cent to 2,45,30,334 units last fiscal as compared with 2,22,41,361 units in 2022-23.Notably, the PV, three-wheeler and tractor segments set records, surpassing previous years’ performances Automobile retail sales...
by AIP Online Bureau | Jan 9, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Technology
The EV industry had recorded a total sales of 10,25,063 units in 2022, as per the data. New Delhi: Electric vehicle sales in India jumped 49.25 per cent year-on-year to 15,29,947 units in 2023, according to a data released by the Federation of Automobile...
by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Non-Life
The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022,...
