In November 2024, passenger vehicle sales reached a record 3.48 lakh units, growing 4.1 per cent year-on-year. However, two-wheeler and three-wheeler segments witnessed minor decline
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Shailesh Chandra succeeds Vinod Aggarwal, Managing Director & CEO of Volvo Eicher Commercial Vehicles
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The Union Budget 2024 left India's automotive industry in a state of muted anticipation. While it addressed some concerns, it failed to fully ignite the sector's electric and hybrid aspirations.
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Sales of three-wheelers grew by 14.2%, two-wheelers grew by 20.4% while Commercial Vehicles posted growth of 3.5% in Q1 of 2024-25, compared to last financial year
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Two-Wheelers reported significant growth of 30.8 per cent in April 2024 compared to April 2023, posting sales of about 17.5 lakh units
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