[ad_1] Toyota Motor Corp | Photo: Bloomberg Toyota Kirloskar Motor on Monday reported its highest-ever monthly wholesales at 27,180 units in March. The company’s total dispatches to dealers increased 25 per cent last month to 22,910 units as compared with 21,783 units in March 2023. For the 2023-24 fiscal the company reported … Read more
[ad_1] Vietnam’s electric car maker VinFast Auto on Monday said India’s new electric vehicle policy that provides import duty concessions for companies setting up manufacturing units in the country with a minimum investment of USD 500 million will allow it to introduce a wide variety of eco-friendly premium-quality SUVs at inclusive prices. The … Read more
[ad_1] Automaker Citroën will add 200 new dealerships in India by the end of this year as it seeks to “aggressively” expand in the country, said the French company on Thursday. The Stellantis-owned company has 58 dealerships and the network will increase by 400 per cent when new ones are set up in urban, … Read more
[ad_1] The capital expenditure outlay for the original equivalent manufacturers (OEM) is estimated to remain high over the next few fiscal, the report said The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the preceding fiscal, according to ratings firm ICRA. … Read more