Top 10 Passenger Vehicles: Baleno emerged as the leader, with 20% year-on-year sales growth totaling 19,630 units. Tata Motors Punch claimed the second position, recording an impressive 50% year-on-year increase with 17,978 units.
Toyota To Slowdown Hybrids: Le is among the growing number of consumers accelerating hybrid vehicle sales, leaving long-time hybrid maker Toyota Motor in pole position to lap rivals who have been making a rapid transition towards full electrification and now grapple with weakening EV demand.
CEAT Future Plans: Tyre maker CEAT Ltd aims to capitalize on the growth in passenger vehicle sales in India, expecting a boost in demand for replacement tyres. The company is preparing to enter the US passenger vehicles and truck and bus radial tyre market in the first quarter of the next fiscal year to fuel international growth.