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Bull Market Or Bust? The Global Used Vehicle Market Dash To $2.5 Trillion By 2027 Will It Maintain Momentum Amidst Market Volatility? Ken Research

Gurugram, India, June 13, 2023 (GLOBE NEWSWIRE) The ....

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Bull Market or Bust? The Global Used Vehicle Market Dash to $2.5 Trillion by 2027 – Will it Maintain Momentum Amidst Market Volatility? Ken Research

Gurugram, India, June 13, 2023 (GLOBE NEWSWIRE) The Global Used Vehicle market is moderately fragmented with multiple dealers (both organized and unorganized) operating in the industry. Majority of the used vehicles ....

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India Vehicle Registrations Tumble By 13.43% In February Says FADA

The Federation of Automobile Dealers Associations (FADA) has released Monthly Vehicle Registration Data for February 21. February 21 Registration. The overall auto Registrations continued to fall in double digits by -13.43% YoY in the month of February. Tractor sales continued positive momentum by growing 18.89% YoY while Passenger Vehicles also showed double digit growth at 10.59% YoY.
This growth was majorly due to low base of last year as India had started transitioning from BS-4 to BS-6 emission norms. On a YoY basis, 2W, 3W and CV continued their fall by -16.08%, -49.65% and -29.53% respectively. Passenger vehicle waiting period continued to remain as high as 8 months as scarcity of semiconductors continued to linger around. Dealer inventory for PV and 2W remained in range of 10-15 and 30-35 days. Auto Retail Industry continues to await the fine prints of Voluntary Scrappage Policy. ....

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Barometers trade in range; auto stocks zoom

Read more about Barometers trade in range; auto stocks zoom on Business Standard. Domestic indices were hovering in a narrow range with robust gains in mid-morning trade. The Nifty traded above the crucial 14,500 mark. The Bank Nifty index hit a record high in morning trade today. Shares rallied for the second day as investors ....

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Auto stocks rev up after FM announces scrappage policy

Read more about Auto stocks rev up after FM announces scrappage policy on Business Standard. Shares of six automakers advanced after the central government proposed voluntary vehicle scrappage policy for the country. ....

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