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FY2024 India auto sales rise 12% to 23.85 million units | Autocar Professional

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The Indian automobile industry has wrapped up FY2024 with total wholesale vehicle dispatches of 23.85 Combined M&HCV and LCV wholesales data reveals that the CV industry clocked 967,878 units – flat sales growth of 0.56% over FY2023’s 962,468 units. First the good news. million units, an increase of 12.49% over FY2023’s 21.20

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Electric Vehicles Open-up New Business Opportunities

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The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world’s largest industries by revenue. As electric mobility gains momentum, the manufacturing industry also grows.