Passenger vehicle wholesales in India fell 13.27% year-on-year (YoY) in December 2021, auto industry body Society of Indian Automobile Manufacturers (SIAM) said on Friday. Passenger vehicle sales last month stood at 2,19,421 units, as compared to 2,52,998 units in the year-ago period. As per the latest data by SIAM, two-wheeler sales in December 2021 were at 10,06,062 units compared with 11,27,917 vehicles in December 2020, […]
The Positive Outlook reflects Ind-Ra’s expectation of a significant improvement in LSL’s scale of operations and EBITDA margins in FY22.
On the economy front, China’s exports grew slightly more than expected in December.
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