Page 10 - Auto Sector News Today

In this stock check, we look at the technical and fundamental outlook for the tyre major Apollo Tyres. The stock has surged over 58 percent in the last 1 year and almost 15 percent in 2024 YTD.

Retail sales in the United States slipped more than anticipated last month, retreating after the holiday season and bogged down by auto sales and gas prices, government data showed Thursday.Motor vehicles and parts dealers, as well as gas stations, saw sales drop by 1.7 percent respectively, latest Commerce Department data showed.

Two-wheeler sales in India rose 26 per cent to 1.49 million units in January 2024 as against 1.18 million units sold in the same month of last year

Unlike the US and some other western countries, where a separate transportation index is watched very closely, in India we dont have a very popular transportation index. The reason why transportation index numbers are extremely important is because there is enough historical evidence to show that auto industry numbers lead indicators of what is happening in the economy. That is why if one looks at the history of the stock market, the rallies which are led by the transportation and auto sector ar...

ISLAMABAD: The Commerce Ministry and the Federal Board of Revenue (FBR) have reportedly locked horns over the...

Holding that India will surely become the third largest economy in the world in his third term, the Prime Minister, said there are immense opportunities for stakeholders to grow business. “India is on the move and is moving fast”, the Prime Minister said, adding it is the beginning of the golden period for the mobility sector.

Holding that India will surely become the third largest economy in the world in his third term, the Prime Minister, said there are immense opportunities for stakeholders to grow business. “India is on the move and is moving fast”, the Prime Minister said, adding it is the beginning of the golden period for the mobility sector.

Policy & Industry News: Prime Minister Narendra Modi today addressed the inaugural ceremony of the Bharat Mobility Global Expo 2024, hailing the progress of the Indian auto s

Finance Minister Nirmala Sitharaman announced the government’s plan to expand and strengthen the EV ecosystem by supporting manufacturing and charging infrastructure

As the Union Budget 2024 approaches, the automotive sector in India is abuzz with anticipation. The industry, particularly the Electric Vehicle (EV) segment, is looking forward to significant policy changes that could drive growth and innovation