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Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%

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.

25 Richest Billionaires in Automotive Industry

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

PV retail sales rise 13.3% to 3,93,250 units in January: FADA

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.

Strong SUV offtake, wedding season drive PV retail sales to record high in January

Passenger vehicle (PV) sales rose to 3,93,250 units last month, registering a jump of 13 per cent from 3,47,086 units sold in January 2023.