The company’s exports grew by 15 per cent with 16,037 units sold in international markets, compared to 13,961 units exported in November 2023
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As per the company, these price corrections are driven by rising overall input costs and inflation pressures
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The festive season boosted India’s auto sales by 32 per cent in October, driven by heavy discounts and seasonal demand. However, high inventory levels remain, prompting automakers to extend offers through year-end
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The Company registered a growth of 18 per cent over the corresponding month of the previous fiscal
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Ultraviolette F77 Mach 2 electric motorcycle will be launched at an introductory price of € 9,990
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Auto Retail Sales Down in September, OEMs Urged to Address Surplus Inventory Ahead of Festive Season: FADA (Federation of Automobile Dealers Associations)
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Ultraviolette is setting its sights on becoming a prominent player in the global electric vehicle industry
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As the demand for electric vehicles continues to rise in India, so does the need for reliable maintenance and warranty options
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Even with the arrival of the festive season, the market remains under significant strain. Inventory levels have reached alarming levels, with stock days now stretching to 70-75 days and inventory totalling 7.8 lakh vehicles, valued at an alarming Rs.77,800 crore
Read More Hari Kiran, Co-Founder & COO, eBikeGo and HS Bhatia, Managing Director, Daewoo India_20240904182939_original_image_39.webp)
The new product line will feature advanced battery systems, smart connectivity, and sustainable design
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