Passenger vehicles – News Portal

Automakers to incur ₹65,000 cr. capex to meet demand: Icra

November 28, 2022November 28, 2022cpooldigitalLeave a Comment

[ad_1] Automakers are likely to plan an aggregate capital expenditure outlay of ₹65,000 crore over FY2023-FY2025 to ramp up capacity to meet demand and for new product development, according to Icra. The rating agency said wholesale volumes are projected to touch an all-time high of 3.7-3.8 million units in FY2023, a growth of 21-24% from FY22, backed […]

Passenger vehicle wholesales down 3.8%; two-wheelers up 15% in April: SIAM

May 11, 2022May 11, 2022cpooldigitalLeave a Comment

[ad_1] Passenger vehicle sales does not include data from BMW, Mercedes, Tata Motors and Volvo Auto Passenger vehicle sales does not include data from BMW, Mercedes, Tata Motors and Volvo Auto Passenger vehicle dispatches to the dealers by manufacturers fell 3.84% in April to 251,581 units amid ongoing supply-related challenges, the Society of Indian Automobile […]