New Delhi: In the bustling lanes and vibrant markets of India, the quest for a reliable and good quality used two-wheeler has often been fraught with challenges. However, DriveX has emerged as a disruptor in this space, redefining the contours of customer experience in the used two-wheeler market by offering an OEM like experience. This focus on quality and trust …
The auto sector witnessed a healthy rebound in terms of demand, supply chains, and operational costs after overcoming its numerous macro as well as sector-specific challenges. Read here: Q2 earnings review: Topline growth slows further, margins improve 2W in focus as MHCVs remain stable Positive on 2Ws and cautious on PVs: The brokerage noted that India is already witnessing a …
The Indian auto component industry is expected to clock 8-10% growth in FY23, supported by the easing of supply-chain issues and commodity inflation in the second half of the year, according to rating agency Icra. Domestic OEM demand has remained a mixed bag across segments in FY2022, with a slowdown in two-wheelers and semiconductor shortage dragging down overall production volumes," …
Bullish on the long-term growth prospects of the Indian auto industry, South Korean auto major Hyundai aims to focus on various aspects like electrification, connected features and autonomous technology as part of its future product strategy in the country, as per a top company official. The automaker, which has completed 25 years in the Indian market with over USD 4 …