FADA reveals the vehicle retail data for December 2023 and the anticipated automotive sector performance in 2024, segment-wise. In the 2W category, key drivers included an abundance of marriage dates and the distribution of harvest payments to farmers, which enhanced purchasing power. Additionally, the availability of a wide range of models and variants, coupled with […]
Automaker Maruti Suzuki is yet again set to increase the prices of its cars in January. According to the automaker, the proposed hike was necessitated due to an increased cost pressure driven by overall inflation and increased commodity prices. “While the company makes maximum efforts to reduce cost and offset the increase, it may have […]
Tata Consultancy Services (TCS) on Wednesday unveiled a groundbreaking strategic partnership with the Digital unit of Jaguar Land Rover (JLR). The deal, valued at a staggering GBP 800 million (USD 1 billion), is set to unfold over the course of the next five years and is expected to drive significant transformations within the automotive giant. […]
Hero MotoCorp has confirmed that it will implement a price hike on its motorcycles and scooters from 3 July. The company cites a multitude of factors, including the escalating input costs, as the primary reason behind the decision. This move comes after a previous price increase of approximately 2 per cent in April earlier this […]
