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The country's largest car maker Maruti Suzuki India (MSI) said its domestic passenger vehicle wholesales rose 13 per cent to 1,37,320 units last month as against 1,21,995 units in April 2022.
Bajaj Auto reported a 95 percent jump in sales in the domestic market. TVS Motor saw domestic sales surge 29%, while Suzuki recorded 23% year-on-year growth. Hero MotoCorp, however, disappointed on all counts.
As many as 14 E2W manufacturers are reportedly under the government’s scanner for allegedly claiming FAME-II subsidies in violation of minimum localisation norms
ICRA has revised the outlook on the Indian telecom tower industry to Negative from Stable. The industry has been facing headwinds
Get latest articles and stories on Latest News at LatestLY. Leading automakers Maruti Suzuki India, Hyundai and Tata Motors reported a double-digit increase in dispatches to dealers in April as the demand remained robust especially for the sports utility vehicles. Latest News | Maruti, Hyundai, Tata Motors Report Brisk Wholesales in April.