Chinese Automotive Industry grew at the 22% CAGR in year 2005 to 2014. It overtook the biggest car market USA in 2010. By 2020 as per ACG forecast it would touch 21million bigger than European market. Like India, Chinese purchase… Continue Reading
Though industrial outputs rose by 2.6% in the month of January, the hopes of rate cuts by the Reserve Bank were crushed by the a 5.37% rise in retail inflation. This proves to be detrimental and cause for worry as… Continue Reading
Indian Automobile Industry shown around 7% growth in December 2014 compare to December 2013. It produced 1,850,616 units compare to 1,741,237 units same month of the last year. In production it registered 6.3% growth. In Indian market Total Automobile sales… Continue Reading
There are some positive trend has been noticed in past few months. Especially oil price has come down more than couple of time. Also some positive outlook of GDP growth which effect on almost every sectors. There are no major… Continue Reading
Indian Automobile sector witnessed sales growth of 3.5% in financial year 2013-14 at 17,793,301 units against 18,424,538 units sold during 2012-13.
Indian Automobile sales witnessed growth of 5.3% in February 2014 with 1,793,803 units sold as opposed to February 2013 sales figures of 1,703,068 units.
Indian Automobile Industry witnessed a total sales growth of 4.3% in January 2014 with 1,866,950 units sold across all segments as opposed to January 2013 where 1,789,283 units were sold.
Indian Automobile Industry witnessed sales growth of 0.5% for the month of December 2013 as a total of 1,720,157 units were sold against 1,711,123 units during the December 2012.
Indian Automobile Industry witnessed 1.61% sales growth for the month of November 2013 as a total of 1,779,814 units were sold including domestic sales and exports as against 1,751,551 units during the November 2012.
The domestic automobile sales for the month of October 2013 stood at 1,858,386 units against 1,651,028 units sold during the October 2012, registering 12.6% growth. Exports grew by 10% , where as total sales including Domestic and Exports grew by… Continue Reading