Showing results for "2024"
Auto component industry’s revenues to grow by 5-8% in FY2024, despite export headwinds: ICRA

autherAutocar Pro News Desk calendar29 Mar 2023

ICRA expects electric vehicle opportunities, premiumisation of vehicles, focus on localisation, improved export potent...

Tractor volume growth seen halving to 4-6% in fiscal 2024, states CRISIL Ratings

autherAutocar Pro News Desk calendar21 Mar 2023

The softening prices of inputs such as steel and pig iron will provide a 100-200 basis points (bps) respite to the ope...

Hero Electric defers commissioning of Rajasthan plant to end of 2024

By Mayank Dhingra calendar16 Mar 2023

Electric two-wheeler OEM cites delay in land allotment but remains confident about its ability to cater to current Ind...

India Auto Components Inc likely to register up to 15% revenue growth in FY2024

By Mayank Dhingra calendar10 Mar 2023

Robust demand for vehicles across segments expected to enable component industry to sustain its growth momentum in FY2...

'Ola to go for IPO in 2024, investors to get healthy returns': Bhavish Aggarwal

By Amit Vijay M calendar25 Feb 2023

The company on track to launch its motorcycle in the middle of 2023 and the electric car launch is scheduled for 2024....

Auto parts replacement demand to grow at 6-8% in FY2024: ICRA

autherAutocar Pro News Desk calendar24 Feb 2023

The improvement in demand has resulted in a positive impact on cash flows for aftermarket dealers and garages.

Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024.

autherAutocar Pro News Desk calendar20 Feb 2023

This move is in line with Magenta Mobility’s #Missionelectric which intends to strengthen its commitment to sustainabl...

Maruti Suzuki targets doubling of SUV sales and UV leadership in FY2024

By Ketan Thakkar calendar20 Feb 2023

With the five-door Jimny and new Fronx joining the Grand Vitara, Brezza, XL6 and Ertiga, Maruti Suzuki is bullish abou...

ICRA revises FY2024 outlook for toll roads to stable from positive

autherAutocar Pro News Desk calendar14 Feb 2023

The strong growth in toll collections in FY2023 was driven by a healthy toll rate increase on the back of high inflati...

TVS Motor targets sale of 100,000 iQubes in FY2023, plots series of new EVs by mid-2024

By Ajit Dalvi calendar02 Feb 2023

With sales nearly doubling quarter on quarter in the ongoing fiscal year, TVS is bullish on demand for its zero-emissi...