4.22 million units of passenger vehicles sold in FY24. Two-wheeler sales grew by over 13% to 17.9 million units, while commercial vehicle sales remained flat at 967,000 units. The industry shifted to 20% ethanol blend, boosting electric vehicle demand. Optimism prevails with positive macroeconomic outlook.
In this article, we will be looking at the 25 richest billionaires in automotive industry. To skip our detailed analysis, head directly to see the 5 Richest Billionaires in Automotive Industry. Global Automotive Industry Outlook: 2024 The global automotive industry is thriving and we can see how it is transitioning from conventional vehicles to electric […]
GreenPower to Showcase its Commercial Vehicles at 2024 Work Truck Week and Host Press Conference marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
However, FADA President Manish Raj Singhania maintained that despite record sales, serious concerns remain regarding PV inventory level which is now in the 50-55 day range.