Stay updated with breaking news from Auto Sector. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 don't 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 are more durable rallies. Especially the ones which are led by large commercial vehicles. Demand for ...
ISLAMABAD: The Commerce Ministry and the Federal Board of Revenue (FBR) have reportedly locked horns over the...