Saturday, August 31, 2024

Why India's auto industry is betting big on the grand re-entry of small cars

The small car segment in India, once sidelined by the popularity of SUVs, is poised for a resurgence by 2026, experts say. Factors such as two-wheeler owners upgrading to four-wheelers, affordable and efficient urban mobility, and multiple drivetrain options including electric vehicles will drive demand.

from Auto-Industry-Economic Times https://ift.tt/z59MvNk

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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...