India's automobile registrations accelerated by 9.1% in 2024 despite headwinds in the form of extreme weather, uneven monsoons and state elections, the Federation of Automobile Dealers Associations (Fada) said.
The annual growth in automobile sales was fuelled by strong performances in the two-wheeler, three-wheeler, passenger vehicle (PV), and tractor segments. Commercial vehicles (CV), however, stalled.
Automakers sold more than 26.1 million units in calendar year 2024, compared with 23.9 million units in 2023.
This story is from the January 08, 2025 edition of Mint New Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 08, 2025 edition of Mint New Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Portfolio chaos: A teacher's quest from clutter to clarity
How Singh turned around his finances to secure his future with low-cost professional advice
Maruti Suzuki to up prices of models
Maruti Suzuki India Ltd (MSIL) on Thursday said it will hike prices by up to ₹32,500 across various models to partially offset the rise in input costs.
Etonhurst to raise ₹500 cr real estate fund
Etonhurst Capital Partners is set to raise its first real estate fund, targeting residential redevelopment projects in Mumbai, according to a senior executive.
American employees have lost their labour market leverage
Their pandemic gains are over as the power balance tilts away
There's a Need to Reimagine MGNREGA for a Modern Economy
The two decades since the passage of the act have seen tremendous changes
CCI ban on WhatsApp data-sharing on hold
No relief on ₹213 crore fine; experts say order undermines CCI's authority
India will clock fastest growth rate: Andhra CM Naidu at Davos
Andhra Pradesh chief minister N. Chandrababu Naidu has said that India's golden era has started and the country will clock the fastest growth rate.
Companies Go For Corporate NPS As Traditional Plans Fade
Provident fund and gratuity seen as inadequate, while superannuation funds aren't portable
HUL needs a magic wand for recovery after subdued Q3
Not fast-moving
JSW Defence, Telangana ink MoU
JSW Defence has signed an agreement with the Telangana government to set up a facility in the state for manufacturing unmanned aerial systems.