Auto Sector

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.

Compared to 15,685 units in February 2023, the company's overall deliveries to dealers climbed by 61% to 25,220 units last month.

Bajaj Auto shares were trading at ₹7,911.15 on the NSE at 15:18 p.m.

It was revealed that JSW and Volkswagen were in discussions to work together on a project.

Chemical companies such as Gujarat Fluorochemicals are eyeing battery supply chain, while existing players such as Amara Raja are boosting capacities.

Agratas, the worldwide battery division of the Tata Group, verified on Wednesday that the 40 GWh plant would be constructed at the Gravity Smart Campus in Bridgwater.

Royal Enfield (RE)’s retail registrations have grown only 3% YoY in the past six months — much below the 2W industry (+12%).

The acquisition raises TVS Motor Pte's stake in Killwatt GmbH from 39.28% to 49% through newly issued shares.