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
Indian passenger vehicle registered a minor growth of 5% in November 214. Total 212,438 passenger vehicle sold in November 2014 compare to 201,520 passenger vehicles (Cars, SUV/MUV & Van) in November 2013. Maruti Suzuki, Hyundai, Mahindra & Mahindra, Honda and… 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
The Indian Commercial Vehicle market is one of the most attractive markets that has been a focal point of the development of many Foreign OEMs. Now that European players are busy occupying their space within the market, various Asian manufacturers… 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.
The recently conducted survey on PAN India level by Autobei Consulting Group (ACG) on truck industry had thrown lights into some interesting facts on the industry. We had covered all major applications of trucks in India like Mining, Logistic, Construction,… Continue Reading
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.