Rating agency Icra on Monday revised downwards the outlook for passenger vehicle factory dispatches to showrooms in the current fiscal on acccount of high inventory levels. Despite good retail sales, ...
Passenger vehicle inventory levels in November stood at 65 days of sales. Earlier, FADA had flagged an all-time high inventory of 80–85 days in October, with dealers across the nation holding 7. ...
While two-wheelers, three-wheelers, and tractors saw year-over-year growth, passenger vehicles and commercial vehicles experienced declines. FADA President C.S. Vigneshwar attributed the subdued ...
During November, production of vehicles from Mexican auto factories increased 6.7% year over year to 351,535 units. Exports increased 2.9% year over year in November to 289,309 vehicles. GM factories ...