The 15th Apollo CV Awards 2024 celebrated India s commercial vehicle industry at the prestigious event. The awards showcased commitment to transformation and profitability, with industry experts discussing new business models and customer value strategies for the market.
Retail Sales Of Cars: The decision of the Monetary Policy Committee this morning to keep lending rates unchanged at 6.5% would continue to badly impact the retail sales of all vehicles, especially entry level vehicles.
The luxury car makers that have already been present in India for decades would rather accelerate local assembly in the country as the money will need to be ploughed in within three years of receiving approval under the scheme, said auto executives. The aforementioned companies didnt officially comment on investments under the new policy.
New EV Policy: The luxury car makers that have already been present in India for decades would rather accelerate local assembly in the country as the money will need to be ploughed in within three years of receiving approval under the scheme, said auto executives. The aforementioned companies didn’t officially comment on investments under the new policy.
Volumes are expected to remain subdued in the fourth quarter on a YoY basis, driven by the pause in infrastructure activities as the model code of conduct kicks in before the Lok Sabha elections.