The sluggish sales have resulted in high inventory levels for dealers, currently extending to 70-75 days.
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INDUSTRY NEWSLatest News
Auto sector sees two-wheeler growth amidst mixed performance in PVs and CVs for June 2024
Industry experts are optimistic about the future across all segments, with two-wheelers expected to outperform other categories.
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This move comes after criticism from U.S. senators regarding the company’s reported low wages.
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This initiative seeks to foster a seamless transition towards cleaner and more sustainable transportation while safeguarding jobs and communities.
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This brings Xiaomi a step closer to realizing its goal of entering the automobile market by producing cars as early as next year.
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Industry-Academia Collaboration Focuses on Upskilling and Innovation
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Strong vehicle sales, aftermarket demand, and exports drive impressive growth; EV sector contributes 2.7% to total turnover.
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Breaking Barriers with EvaRID, Dr. Linder’s Innovative Female Crash-Test Dummy Shatters Biases and Elevates Vehicle Safety Standards