Passenger vehicle retail sales up 40% in June as chip supply improves

Passenger vehicle retail sales in the country rose 40 per cent in June indicating an improvement in semiconductor supplies even as demand, especially for SUVs, remained robust, auto dealer' body......

Automobile retail sales in slow lane in May: FADA

Retail sales of passenger vehicles grew last month but the sales of two-wheeler and commercial vehicles remained low compared to the pre-COVID month of May 2019, according to automobile dealers'......

What made Ford pull the plug on its EV PLI?

Earlier in May, Ford India announced that it had dropped its plans to make electric vehicles (EVs) in India, which it intended to export, under the production-linked incentive scheme (PLI). Ford......

Auto retail sales grow 37% in April on low COVID effect

Automobile retail sales in India increased by 37 per cent in April on a low base of COVID-hit April last year, automobile dealers' body FADA said on Thursday. Photograph: PTI Photo Total sales......