Passenger vehicle wholesales in slow lane in May due to high base effect, elections

Passenger vehicle wholesales in slow lane in May due to high base effect, elections

New Delhi: Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections. The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a … Read more

Maruti Suzuki: Maruti Suzuki expects revival of small car segment by 2026-end

Maruti Suzuki: Maruti Suzuki expects revival of small car segment by 2026-end

New Delhi, Maruti Suzuki India expects a revival of the small car segment in the domestic market by 2026-end or 2027, after suffering from affordability issues and onslaught from SUVs, according to a senior company official. The small car segment, which had once dominated the Indian total passenger vehicles market, accounts for less than 30 … Read more