Monday, January 15, 2024

Maruti, Hyundai, Tata Motors, Renault post record rural sales in 2023

Maruti Suzuki, Hyundai Motor, Tata Motors, and Renault India achieved their highest-ever share of sales from rural markets in 2023. While rural demand for fast-moving consumer goods and consumer durables was affected by inflationary pressures, car sales in rural areas saw double-digit growth.

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

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Auto companies push for easing of fuel efficiency norms

Automakers are urging the government to relax new CAFE III fuel efficiency norms, set to begin in April 2027, due to the low penetration of ...