Tuesday, September 5, 2023

Volvo Car India expects 'good' festival season for domestic auto industry

Volvo Car India is optimistic about the upcoming festival season for the country's automobile industry due to improved supply chain conditions and positive economic sentiment. The managing director of Volvo Car India, Jyoti Malhotra, stated that there is a slow emergence of price parity between electric cars and internal combustion engine (ICE) cars.

from Auto-Industry-Economic Times https://ift.tt/Svd2Cao

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...