New Delhi January 9: The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company."We expect 2Ws and tractors to grow at strong 13 per cent and 15 per cent CAGR respectively over FY25-27E (FY25E: 12 per cent and 6 per cent)," says the report.The report added that the volume growth of passenger vehicles and trucks segment is expected to grow at a rate ranging from 5 to 8 per cent.
New Delhi, January 1: In December 2024, Maruti Suzuki India sold a total of 178,248 car units, which is about 30 per cent higher than a year ago period.
New Delhi, January 1: Hyundai Motor India Limited (HMIL) recorded its highest-ever yearly domestic sales of 6,05,433 units in 2024.
New Delhi, January 1: In December 2024, Bajaj Auto's total sales (including two-wheelers and commercial vehicles) stood at 3,23,125 units, marginally lower by 1 per cent compared to 3,26,806 units in December 2023. This slight decline was primarily driven by weaker domestic sales, while exports continued to perform well.
Mumbai, January 1: Automotive company Mahindra & Mahindra (M&M Ltd.) witnessed a 16 per cent increase in overall automotive sales, with 69,768 units in December, the company stated on Wednesday in its exchange filing.