Auto Sector

Analysts of IIFL Capital Services recently cut their FY24 MHCV growth estimate from 10% to 6%; this may see further cut.

Ola Electric aims to raise ₹5,500 Crore through its IPO, with plans to allocate ₹1,600 Crore for research and development (R&D).

In comparison to the same month last year, MG Motor India revealed on Friday that its retail sales in February increased by 8% to 4,532 units. As of February 2023, the carmaker had sold 4,193 vehicles. As of February 2023, the carmaker had sold 4,193 vehicles. According to a statement from the automaker, electric vehicles will continue to account for a sizeable portion of the […]

Domestic wholesales in February 2023 increased by 11% to 1,55,114 units compared to 1,40,035 units in February 2022.

Total two-wheeler sales witnessed a 6% decline, reaching 267,625 units in February 2022, down from 284,581 units in February 2021.

Total domestic sales for Tata Motors stood at 84,834 units, marking a growth of 9% from the previous year's 78,006 units

Domestic market sales, across all segments, experienced a 35% surge in February 2024, totaling 2,06,894 units, compared to 1,53,291 units in February 2023

Sales of domestic tractors fell 16.6% in February 2024 to 6,041 from 7,245 in the same month the previous year.

The company's CV sales increased somewhat from 7,289 units sold in January 2022 on a sequential basis.

Nissan India reported a 57% growth in total wholesales (6,662 vehicles), with 2,456 units sold domestically and 4,206 units exported.