Srikumar Krishnamurthy, Vice President & Co-Group Head, Corporate Ratings, ICRA, says the recovery or the bounce back post-COVID was pretty significant in the PV segment in particular and even compared to the global markets, we were outgrowing. There is some amount of elevated base that has crept in. So, factors like the pent-up demand and … Read more
Automaker Maruti Suzuki India on Monday reported a 12 per cent increase in total wholesales to 1,79,228 units in June. The company had dispatched 1,59,418 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a statement. The total domestic passenger vehicle sales were 1,37,160 units last month compared … Read more
MUMBAI: Passenger vehicle sales are projected to grow at a moderate 3-5 per cent this financial year on account of a high-base effect of FY24, shrinking order book and subdued demand for entry-level variants, a report said on Monday. According to the report by credit ratings agency CareEdge, following robust growth of 90 per cent … Read more
