NEW DELHI: Demand for new cars continues to stay strong despite concerns on interest rates and inflation. After registering a 33% sales growth in 2022, the industry is confident to close this year with a record 4 million-plus vehicles with as many as one million units expected to come in only during the festive season.Companies such as Maruti Suzuki, Hyundai, Kia, MG Motor, and Mercedes-Benz said demand continues to remain robust as sales of premium vehicles are not showing any signs of slowdown."We believe that by the end...
Consumer electronics and automobile manufacturers are gearing up for the festive season with increased production, aiming to capture heightened demand. CEOs from various...
CHENNAI: Singapore-based asset manager Temasek will invest Rs 1,200 crore in Mahindra & Mahindra's four-wheeler passenger electric company.M&M and Temasek have signed an...