Auto retail sales in India saw a 9% decline in September due to high passenger vehicle inventory and weak demand. Passenger vehicle sales dropped 19%, while two-wheeler registrations fell by 8%. Commercial vehicle registrations declined 10%, though tractor sales saw a 15% increase despite overall sluggish market conditions.
Related Posts
Despite GST hike, e-gaming companies revenue up 12% in FY24
India’s online gaming industry defied a GST rate hike to reach $3.8 billion in revenue, surpassing social media earnings. Boosted by in-app purchases and a […]
Canada to slap 100% tariff on Chinese electric vehicles
Canada announced a 100 per cent tariff on Chinese electric vehicles and a 25 per cent tariff on steel and aluminum imports from China. This […]
Japan’s Shinkansen bullet trains to be tweaked for India’s first Mumbai-Ahmedabad high-speed rail corridor – details here
India and Japan are finalizing designs for bullet trains on the Mumbai-Ahmedabad corridor, modifying Shinkansen trains for Indian conditions. These modifications include enhanced luggage capacity, […]