Automobile News

Top 5 Compliance Challenges for Automobile Companies One of the challenges faced by the automobile sector is compliance management. They have to comply with multiple laws and regulations, and this varies on the size of their business.…

India automobile exports rose 35.9% in FY22: Government The Centre has taken multiple measures to promote India’s exports. Foreign Trade Policy (2015-20) has been extended up to 31 March 2023 and Interest Equalization Scheme on pre- and…

Automobile sector growth to level off in fiscal 2024 Synopsis Improving urban sentiments, increased public mobility with reopening of educational institutions and offices and positive rural sentiments backed by a regular monsoon and…

Indian automobile sales saw a record high in May 2023. But there’s troubled water ahead May sales were quite good on the surface, but going through them with a fine comb requires understanding all sorts of subsidiary and interlinked…

Automobile Retail Sales See 10% Growth In May: FADA Due to a strong demand across segments including passenger vehicles, two-wheelers and tractors, automobile sales increased by 10 per cent in the month of May. Automobile retail sales…

Passenger vehicle sales in India up 26.7% in FY23: SIAM Synopsis India's passenger vehicle sales grew 26.7% in the fiscal year 2022-23, as chip shortages eased and demand for sport utility vehicles (SUVs) surged, auto industry body SIAM…

Govt working to make India a global automobile manufacturing hub: Union Minister Nitin Gadkari Synopsis "The auto sector gives direct and indirect employment to around 4 crore people and this number is expected to grow to 5 crore by 2025.…

Indian Automobile Industry Notices Mixed Performance as Passenger Vehicle Sales Softens Within two-wheelers, domestic retailers/wholesalers have recovered with about 16 percent/over 20 percent yoy growth, partly supported by the low base,…

India can be No 1 automobile manufacturer by using lithium reserve: Gadkari Nitin Gadkari said that if India can use recently discovered reserve of lithium in Jammu and Kashmir, it will become number one automobile manufacturing country in…

Geely Automobile Holdings Limited's (HKG:175) largest shareholders are individual investors with 41% ownership, private companies own 40% Key Insights Geely Automobile Holdings' significant individual investors ownership suggests that…