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Automakers expect PV industry growth rate to moderate in 2024 

Kiran Murali     calendar02 Jan 2024

A high-volume base along with weakness in the demand for small cars, and higher borrowing costs are expected to reduce the pace of growth in 2024. 

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Exclusive: Maruti Suzuki plots two new SUVs to further increase market share News National
Exclusive: Maruti Suzuki plots two new SUVs to further increase market share

By Ketan Thakkar calendar02 Jan 2024

The SUV market leader plans to introduce an entry-level model as an alternative to hatchbacks and a top-of-the-line, t...

Maruti Suzuki sees headroom for strong SUV sales growth till 54-55% penetration News
Maruti Suzuki sees headroom for strong SUV sales growth till 54-55% penetration

By Kiran Murali calendar01 Jan 2024

Currently, sports utility vehicles account for 48.7% of the total passenger vehicle sales. 

Five new SUVs lined up for January 2024 News
Five new SUVs lined up for January 2024

By Saptarshi Mondal, Autocar India calendar01 Jan 2024

Here's a look at the SUV launches from the top end to the compact SUV class.

Govt extends tenure of automobile, component PLI scheme by 1 year to FY28 News
Govt extends tenure of automobile, component PLI scheme by 1 year to FY28

autherAutocar Professional Bureau calendar01 Jan 2024

The Rs 25,938 crore output-linked incentive scheme aims to boost domestic manufacturing of advanced automotive technol...

Mahindra achieves another record year: 433,172 units in CY2023, up 29% Analysis Sales
Mahindra achieves another record year: 433,172 units in CY2023, up 29%

By Ajit Dalvi calendar01 Jan 2024

Riding on the surging wave of demand for most of its products along with ramped-up production, the SUV manufacturer po...

Honda Cars India registers 12% growth with 7,902 units in domestic sales during December’23 News
Honda Cars India registers 12% growth with 7,902 units in domestic sales during December’23

autherAutocar Professional Bureau calendar01 Jan 2024

The company had registered 7,062 units in domestic sales and exported 1,388 units in Dec’22.

Honda Cars India registers 12% growth with 7,902 units in domestic sales during December’23 News
Honda Cars India registers 12% growth with 7,902 units in domestic sales during December’23

autherAutocar Professional Bureau calendar01 Jan 2024

The company had registered 7,062 units in domestic sales and exported 1,388 units in Dec’22.

TVS Motor Company’s sales grow by 25% in December 2023 News
TVS Motor Company’s sales grow by 25% in December 2023

autherAutocar Professional Bureau calendar01 Jan 2024

Total two-wheelers registered a growth of 27% with sales increasing from 227,666 units in December 2022 to 290,064 uni...

TVS Motor Company’s sales grow by 25% in December 2023 News
TVS Motor Company’s sales grow by 25% in December 2023

autherAutocar Professional Bureau calendar01 Jan 2024

Total two-wheelers registered a growth of 27% with sales increasing from 227,666 units in December 2022 to 290,064 uni...