Ground-breaking innovations unveiled as TrafficInfraTech Expo opens its doors

October 11, 2023 marked the inaugural day of the highly anticipated TrafficInfratech Expo with its concurrent shows Parking Infra Tech Expo, Road Infra Tech Expo and Smart Mobility Expo. The event kicked off at Prag...

Indian automotive industry could reach $1 trillion by 2035: Arthur D. Little Report

India's automotive industry can become a global hub for design, development, and production, appealing to international mark. The Indian automotive industry can drive investments and collaboration, paving the way fo...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

Automechanika Dubai 2023 sees huge India auto component indy participation

The Automotive Component Manufacturers Association (ACMA), the apex body of the Indian auto component industry, together with Engineering Exports Promotion Council of India (EEPC India) organised participation of it...

Manav Kapur of Steelbird takes charge as Chairperson of ACMA-YBLF

Manav Kapur, Executive Director, Steelbird International, India’s leading automotive components company, has taken charge as chairperson of ACMA-YBLF.

Michael Perschke joins Goldstone Technologies Board

Michael Perschke, former Managing Director of Audi India, has been appointed to the Board of Goldstone Technologies (GTL), a pioneering Indian company specialising in business intelligence, data analytics and EV Tec...

Indian Govt launches Bharat NCAP (New Car Assessment Programme)

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

Skoda Auto Volkswagen India crosses 600,000 car exports milestone

Skoda Auto Volkswagen India Private Limited (SAVWIPL), has achieved the 600,000 export milestone for cars produced at its manufacturing facility in Chakan, Pune.

Gogoro, Swiggy announce electric vehicle partnership in India

Gogoro Inc, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, announced a vehicle partnership with Swiggy, India’s leading on-demand convenience deliver...

Hyundai Motor India signs purchase  agreement at GM India Talegaon Plant

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

Mahindra unveils new visual identity for Born EVs

Mahindra Electric Automobiles Limited (MEAL), a newly set-up subsidiary of Mahindra & Mahindra, pioneers of the SUV segment in India, unveiled a powerful and distinctive new visual identity for its forthcoming range...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

Temasek to invest Rs 1200 crore in Mahindra’s EV subsidiary

Mahindra & Mahindra and Temasek, the Singapore-headquartered global investment firm, have executed a binding agreement for Temasek to invest Rs. 1200 crore into MEAL (Mahindra Electric Automobile Limited), the four-...

Vitesco Technologies supplies Honda with E-drive

Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, is delivering its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) to Honda fo...

Magenta Mobility appoints Vishal Sharma as National Head - Asset

Magenta Mobility, an integrated electric mobility solutions provider, has announced the appointment of Vishal Sharma as its National Head - Asset.

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Royal Enfield Hunter 350 has a 2 lakh+ community across globe

A 2,00,000+ strong Hunter 350 community across the globe … and still counting! Royal Enfield, global leader in the mid-size motorcycle segment (250cc - 750cc), has crossed the 2,00,000 sales mark for its compact and...

Saffron clad chief evangelist may bring succour to Indian electric 2W industry

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Metalverse, India’s first DIY motorcycle accessories production company

Bandidos Group, South India's leading retailer of mid-range and premium motorcycle accessories, has launched its own manufacturing unit with first-of-its-kind technologies in India's motorcycle accessories industry.

Mobec successfully raises $1 mn during ongoing seed fundraise

Mooting the idea of providing mobile-tech charging for passenger electric vehicles, anytime and anywhere, Mobec Innovations Pvt Ltd, India’s first full-stack M-CAAS (Mobile-Charging as a Service) green company, has ...

Keshub Mahindra, Chairman Emeritus, Mahindra Group passes away at 99

Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully in the morning of April 12, 2023. The 99-year-old, nonagenarian, was a well-known philanthropist who redefined good corporate governance in I...

BPCL electrifies more than 5,000 kilometers highway stretches

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the launch of 19 EV Fast-Charging stations at 110 fuel stations along 15 highways in Karnataka, Kerala and Tamil...

Al-Abdullah Group invests $50 million in Kabira Mobility

Kabira Mobility, an electric bike manufacturer in India known for its KM3000 and KM4000 models, announced that it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undi...

TVS HLX series clocks3 million global sales milestone

TVS Motor Company has announced that the TVS HLX series has achieved a milestone of 3 million sales across 54 countries. This is the fastest million milestone that the brand has achieved in 17 months and it represen...

India should make 2, 3 wheelers sales 100% electric in next 5 years: Kant

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

BorgWarner announces Brady Ericson, Chris Gropp  as Phinia senior management

BorgWarner has announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company...

Record year for Lamborghini sales globally; India sees 33pc jump at 92 units

The year 2022 saw Automobili Lamborghini break records with best sales figures ever. The company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Maruti Suzuki commences exports of Grand Vitara

India’s leading passenger vehicle exporter Maruti Suzuki has commenced exports of its highly successful premium SUV, Grand Vitara. The first shipment of Grand Vitara sailed to Latin America from the Kamarajar port r...

Manasi Tata takes over as Vice Chairperson of Toyota Kirloskar Motor

Toyota Kirloskar Motor (TKM) announced that Ms. Manasi Tata will take over as the new Vice Chairperson with immediate effect. Furthermore, Ms. Manasi will also take over as the Vice Chairperson of Toyota Kirloskar A...

Maharashtra alliance to build $2.5 billion battery swapping infrastructure

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Maharashtra alliance to build $2.5billion battery swapping infrastructure

The Indian State of Maharashtra announced a strategic energy partnership with Gogoro Inc. and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructu...

Gestamp showcases latest innovations for present, future mobility

Gestamp, the Spanish multinational Tier 1 supplier, specialised in the design, development and manufacturing of components for the automotive sector, announced its fourth hot stamping line in India at the 16th Auto ...

Indian Auto Component Industry grows 34.8pc in first-half of 2022-23

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry has announced the findings of its Industry Performance Review for the first ha...

Schaeffler Group inaugurates software technology centre in India

Schaeffler, leading global supplier to the automotive and industrial sectors, is expanding its software and electronics expertise. The company has inaugurated a new centre of competence in software development in Pu...

Ultraviolette gets further funding from Qualcomm Ventures, Lingotto (Exor)

Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, has announced investments from Qualcomm Ventures and Lingotto to expand the Series D round.

Lance Bennett is VP, Sales & Marketing for Mercedes-Benz India

Mercedes-Benz India announced an organisational change in its Sales & Marketing function effective from February 1, 2023. Lance Bennett, currently associated as the General Manager and Company Director, Mercedes-Ben...

Skoda Auto India marks new peaks with India as growth hub

Skoda Auto India celebrated the last quarter of 2022 with an international congregation in the picturesque backdrop of the Himalayas in Dehradun. The peak-to-peak drive showcased the achievements of the company and ...

Rs 14 crore gift from TVS Motor Company for WMG, University of Warwick

A substantial gift of 1.5 million British pounds (approx Rs 14 crore) from TVS Motor Company will help create a crucial new Professorial post in WMG, University of Warwick - the Lord Bhattacharyya Chair in Engineeri...

Lanxess, Kautex Textron develop safe battery enclosures for EVs

Technical plastics such as polyamide 6 offer numerous benefits for the design of battery enclosures for electric vehicles – in terms of sustainability, manufacturing costs, weight savings and economical functional i...

PM highlights significance of mobility sector at 62nd SIAM Annual Convention

Society of Indian Automobile Manufacturers (SIAM), the apex automobile industry body, organised its 62nd Annual Convention at New Delhi. Prime Minister of India Narendra Modi in his message highlighted the significa...

Kalyani Powertrain to drive growth at Bharat Forge

Kalyani Powertrain Limited (KPTL), a wholly owned subsidiary of Bharat Forge Ltd., is all set to drive the company’s vision for sustainable development, by investing in cutting-edge technologies. KPTL was founded i...

Ultraviolette raises series D investment from European investor Exor Capital

Ultraviolette Automotive Pvt. Ltd announced that it has raised a fresh round of capital from a fund managed by Exor Capital. This investment is part of an ongoing (Series D) round of funding, with Exor Capital as th...

TVS Motor Company sales grow by 13% In July 2022; 2W sales up 14pc

TVS Motor Company registered a growth of 13% in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021.

Toyota Kirloskar Motor , NSDC along with ASDC collaborate

Toyota Kirloskar Motor [TKM] announced the signing of a Memorandum of Understanding (MoU) with National Skill Development Corporation (NSDC) and Automotive Skill Development Council (ASDC) to enhance student skill w...

Vitesco Technologies inaugurates new Rs 240 cr Talegaon facility in Pune

Vitesco Technologies India Pvt Ltd, part of the Euros 8.3 billion Vitesco Technologies Group based in Regensburg, Germany and a leading international manufacturer of modern drive technologies and electrification sol...

Nalin Jain appointed Executive Director – Finance and IT at Skoda Auto Volkswagen India

Nalin Jain has been named as the Executive Director - Finance and IT of Skoda Auto Volkswagen India Private Limited (SAVWIPL). He succeeds Martin Mahlke who successfully steered the financial strategy for the Group’...

UK investor BII, Mahindra to invest in new 4W passenger EV company

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to Rs. 1,925 crore each into a wholly...

Yadvinder Singh Guleria is Chief Commercial Officer of Royal Enfield

Royal Enfield has announced the appointment of Yadvinder Singh Guleria as the Chief Commercial Officer (CCO).

Two-Wheeler Electrification in India: Challenges & Opportunities

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

ASDC hosts Partners Forum for workforce upskilling in automotive industry

After two-year hiatus owing to the pandemic, the Automotive Skills Development Council (ASDC), India's first sector skill council for automobile industry successfully organised skill-oriented brainstorming ASDC’s Pa...

iCreate launches EVangelise’22, India’s largest EV innovation challenge

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

Okinawa Autotech to set up third ‘mega’ plant in Rajasthan for EVs

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

ASDC joins hands with NPOCA to organise National Automobile Olympiad

The Automotive Skills Development Council (ASDC) has partnered with National Program on Career Awareness (NPOCA) for its flagship programme, the ASDC National Automobile Olympiad. The Automobile Olympiad is a nation...

Tata Motors signs MoU for potential acquisition of Ford India Sanand plant

Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the ...

Mercedes-Benz India appoints Vyankatesh Kulkarni as ED, Head of Operations

Mercedes-Benz India announced the appointment of Vyankatesh Kulkarni as the Executive Director and Head of Operations, India, effective June 1, 2022.

Nissan Motor India inaugurates new corporate headquarters in Gurugram

Nissan Motor India Ltd inaugurated its new Corporate Headquarters in Gurugram, one of India’s largest hubs for international businesses.

Indian EV industry can leverage from Korea’s battery expertise

The Indian auto industry can leverage and partner with South Korea to develop the electrical vehicle (EV) market in India and through collaboration ,it can emerge as leaders for a large part of the world. This was s...

Okinawa Autotech signs JV agreement with Tacita of Italy

Leading Indian electric two wheeler manufacturer Okinawa Autotech has signed a joint venture agreement with Tacita, an Italian manufacturer of electric performance and cruiser motorcycles. The new company, born from...

Sudarshan Venu elevated as Managing Director of TVS Motor Company

TVS Motor Company has announced at its board meeting the elevation of Sudarshan Venu as Managing Director of the company effective May 5, 2022.

Bhago Mobility Solutions acquires stake in Pastiche Energy Solutions

Bhago Mobility Solutions Private Limited (Bhago), the green energy vertical for Modern Automotive Limited (MAL) has announced its latest equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the...

Varroc to divest 4-wheeler lighting system operations in Americas, Europe

In a bid to transform itself into a high-tech company and focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally, Varroc Engineering Lim...

Top management change at Isuzu Motors India

Isuzu Motors India has announced some key top level management changes. Wataru Nakano, General Manager, LCV Business Dept., at Isuzu Motors, Japan has taken over from Tsuguo Fukumura, as the President and Managing D...

Klaus Zellmer appointed new CEO of Skoda Auto as of July 1, 2022

As of July 1, 2022, the new Chairman of the Board of Management of Skoda Auto a.s. will be Klaus Zellmer, who is currently the Volkswagen brand Board member responsible for Sales, Marketing and After Sales.

Takuya Tsumura is new President & CEO of Honda Cars India

Honda Cars India Ltd (HCIL) announced that Takuya Tsumura has assumed the office of President & CEO. As part of HCIL organisational changes, the company also elevated Kunal Behl as Vice President, Marketing and Sale...

Maruti Suzuki Board appoints Hisashi Takeuchi as MD & CEO

The Board of Directors of Maruti Suzuki India Limited, in its meeting held on March 24, 2022, appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer of the company with effect from April 1, ...

Auto Expo shows, ACMA Automechanika kick start from 2023 onward

Major automotive shows like the Auto Expo-The Motor Show, Auto Expo- The Components Show and the ACMA Automechanika will now be coming back to life after a couple of years disruption caused by the covid-19 pandemic...

R Gopalan appointed as Chairman of Board of Sundaram-Clayton Limited

Sundaram-Clayton Limited (SCL), a leading auto component manufacturing and distribution group, announced that R Gopalan, Non-Executive Independent Director of the Company has been appointed as Chairman of the Board ...

National Highway for EV, NHEV. NITI Aayog, Battery Swapping, electric mobility battery standardisation.

The National Highway for EV (NHEV) Working Group members met Advisor NITI Aayog Sudhendu J Sinha (Infrastructure, Connectivity – Transport and Electric Mobility) and discussed the recently announced policy for ‘Batt...

TVS Motor Company acquires Swiss E-Mobility Group AG (SEMG)

TVS Motor Company announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of prem...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

Renault India achieves 1 lakh exports milestone

Renault India marks the beginning of 2022 on a high note by achieving a new milestone of 1 Lakh exports.

Record-breaking 2021 for Automobili Lamborghini with 8,405 cars delivered

Automobili Lamborghini ended 2021 with a remarkable all-time record: 8,405 cars were delivered worldwide, making it the company’s best year ever on that front. Sales were up by 13% on 2020 due to a targeted and moni...

David Slump appointed as new CEO of Marelli

Leading global automotive supplier, Marelli, announced that following almost four years with the Company, Beda Bolzenius will stand down as CEO and President and he will be succeeded by David Slump, a 30-year indust...

Tata Motors sales only silver lining in depressing Dec 21 domestic numbers

Though Maruti Suzuki continues to lead the pack of four-wheel passenger vehicle companies in India when it comes to December 2021 domestic sales, its numbers too fell for the month along with several other companies...

Honda 2Wheelers India commences global engine manufacturing from Gujarat plant

Honda Motorcycle and Scooter India Pvt. Ltd. commenced the manufacturing of global engines from its 4th factory at Vithalapur (Ahmedabad district), Gujarat. Powering its 250cc (& above) category two-wheelers, the de...

Napino Group partners with Kerdea Technologies Inc. for O2 sensor

Napino Auto & Electronics Ltd, a leading automotive component designing & manufacturing company, has announced partnership with Kerdea Technologies Inc. a US based company with proprietary O2 Sensor (resistive techn...

Valeo’s 2nd gen LiDAR in new Mercedes-Benz S-Class with level 3 automation

France based Valeo has announced that the new Mercedes-Benz S-Class, capable of reaching Level 3 automation, is the first car in the world to be equipped with its LiDAR, the second-generation Valeo Scala.

Skoda Auto India begins production of the new Kodiaq

Skoda Auto announced the start of production for the new Kodiaq at its manufacturing facility in Aurangabad, Maharashtra.

Global leader in Motion Plastics, Igus, announces strong growth plans for India

Igus, the global leader in motion plastics, has announced an aggressive growth plan and strategy in the backdrop of 20 successful years of operations in India. As the 9th largest market globally and the 3rd largest ...

Maruti Suzuki, largest car makers are now car crushers

Maruti Suzuki India Ltd (MSIL), the largest car makers in the country is now all set to become the largest car breakers of the country. The company has set up a vehicle scrapping and recycling unit at Noida in the s...

Power Global, Rap Eco Motors tie up for swappable battery technology

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, has announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to...

Tech rich cars hit by semi conductor shortage; worst festive sales in decade: FADA

The rich and the well off in India want their tech-savvy cars, but there’s a huge slump in supply because of the paucity of semi conductors. Those at the lower income bracket, who are keen to buy cars, feel they rat...

Vinod Aggarwal  takes over baton from Nikunj Sanghi at ASDC

Automotive Skills Development Council (ASDC), the first Sector Skill Council of India, has announced the appointment of their new president Vinod Aggarwal during the ASDC Annual Conclave 2021.

Pierer Group, Bajaj Auto sign contracts to simplify shareholding structure

As announced on July 26, 2021, the Bajaj Group and the Austrian Pierer Group have simplified the shareholding structure in the operating KTM AG. Bajaj Auto Ltd. and its subsidiary Bajaj Auto International Holdings B...

Piaggio wins patent infringement suits against Mahindra owned Peugeot Motocycles

The Piaggio group has won the first-instance European patent infringement suits against Peugeot Motocycles in Paris and Milan. Peugeot Motocycles is a 100 per cent subsidiary of Mahindra Two Wheelers, which in turn ...

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

TVS Srichakra forays into Indonesia with Eurogrip 2-wheeler tyre range

TVS Srichakra, a leading manufacturer of 2 & 3-wheeler and off-highway tyres, announced its foray into the Indonesian market with Eurogrip range of tyres.

Bajaj Auto to gain post simplified equity structure in Pierer Mobility

Bajaj Auto’s clout in the global motorcycle market, both in the conventional IC engine space as well as the electric two wheeler space, will increase considerably once the proposed simplified equity structure in the...

Anand Group, Mando Corp set up JV company for EV components

Auto component manufacturers Anand Group of India and South Korea based Mando Corporation have announced the setting up of a new joint venture company called Anand Mando eMobility Private Limited for manufacturing a...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

From Willys military Jeep to electric tech, 80 years of Jeep brand

On July 15, 1941, the former Willys-Overland Co. signed a contract with the U.S. War Department to begin production of the first military Jeep vehicle. Eighty years later, the Jeep brand thrives around the world wit...

Nissan unveils EV36Zero in UK, a one billion pound Electric Vehicle Hub

Nissan has unveiled Nissan EV36Zero, a one billion pound (Rs 10,000 crore approx.) flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem.

GoMechanic secures US$ 42 m Series C funding

GoMechanic, a leading technology-enabled auto after-sales service and spare parts company, has announced securing US$42Mn in Series C funding in a round led by Tiger Global Management with the existing investors Seq...

ZF equity stake in Brakes India acquired by remaining stakeholders

ZF Friedrichshafen AG (ZF) has divested its entire equity stake in Brakes India, a leading supplier of braking systems in the Indian market and a global supplier of ferrous castings. The acquisition of ZF’s equity s...

Omega Seiki Mobility inks deal with Arjun Maini for DTM race

In continuation of its efforts to promote India and Indians globally, Omega Seiki Mobility Pvt. Ltd. (OSM), part of the Anglian Omega Group has announced its partnership with India’s first DTM driver Arjun Maini for...

Cars24 plans US $100m investment in key overseas markets

Cars24, a leading e-commerce platform for pre-owned vehicles and operating in over 130 cities in India is set to further strengthen its foothold in the Southeast Asian and Middle East markets in 2021. The company r...

Pratap Bose lead Mahindra new Global Design Organisation

Mahindra Group has announced the appointment of Pratap Bose, a former senior employee of Tata Motors, as the Executive Vice President and Chief Design Officer to lead its newly formed Global Design organisation.

Bloodbath in Auto Industry for May 2021, reveals FADA retail data

The retail sales of automobiles plunged for the month of May 2021 with sales falling by as much as (-) 55 per cent on month on month (MoM) basis. The industry witnessed a bloodbath, claimed the Federation of Automob...




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