Will Skoda Slavia, VW Virtus Reignite India's Mid-Size Sedan Segment?
Experts predict that the new offerings in the segment will bring a novelty factor to the segment, which might translate to a growth in sales.
Flexibility, Simplicity Are Key To Success: ABB
ABB noted that post-pandemic acceleration continues for robots in new sectors like logistics and retail and speeds up for EV production.
Domestic Sales For Indian Auto Industry Fell By 23.4% As Export Grew By 4.8%
The Indian auto industry sees another month of downfall in sales, reporting a degrowth of 23.4% in February 2022 compared to February 2021. However, the industry sees a ray of hope as the exports grew by almost 5% YoY.
Indian Auto Industry Sees A Ray Of Hope As Many OEMs Witnessed Sales Growth In Feb 2022
Though a majority of the players witnessed growth, some of the vehicle manufacturers could not match the industry trend due to reasons specific to their operations.
Indians Have Elevated Concern About Transportation, Road Safety: 3M Survey
The survey results for India revealed elevated concern about transportation and roadway safety since the start of the global pandemic.
Demand For Automotive Spare Parts Soar With HSRP Seeing 400% Rise: JD Mart
The demand for high-security registration plates (HSRP) increases due to state governments introducing higher fines for vehicle owners if they fail to comply with the regulations.
Honda Leads Scooter Sales In FY22; Segment Grows 42% MoM In January 2022
Among the top five ICE scooter players, HMSI leads the market with 51% share. TVS with 21%, Suzuki with 15%, Hero MotoCorp with 8% and Yamaha with 5% share complete the list.
Auto Sales Down 19% YoY In January, All Segments Report Drop In Sales
Demand concern for two- and three-wheelers and supply side challenges impacting market demand for passenger vehicles were the primary reasons for the sales slowdown in January 2022.
India’s Future Mobility Is Electric: Deloitte Global Automotive Consumer Study 2022
More than half of the consumers are concerned about climate change and pollution levels, indicating that they are interested in EVs due to the perception of lower fuel costs, environmental consciousness, and a better driving experience.
Supply Chain Issue Restrains Indian Auto Industry As Many OEMs Report Degrowth In January '21
Baring a few manufacturers, including Skoda Auto, Tata Motors, Nissan, MG Motors, Suzuki Motorcycles, and others, most automakers witnessed a drop in sales as they start the calendar.