TVS Motor Company, Bajaj Auto and Hero MotoCorp together accounted for 51% of the retail sales during the month, according to data shared by the Federation of Automobile Dealers Association (FADA). In May 2024, their combined share stood at 31%.
With a 22% market share, Bajaj Auto led the growth for the legacy players by more than doubling its volumes in November, riding on the Chetak brand. It now trails market leader Ola Electric by 3,000 units from 18,230 units in November 2023.
TVS Motor Company saw a 41% growth in volumes in November and has a 23% market share.
Bajaj had overtaken TVS in September for the second position but TVS has since recaptured the spot, pushing Bajaj to third.
Bu hikaye Financial Express Mumbai dergisinin December 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Mumbai dergisinin December 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
'We cannot absolve govts of climate responsibilities; they hold the power'
Author Amitav Ghosh talks about his latest book, Wild Fictions, the need for urgent action on climate, and collective agency at the grassroots
Impeached S. Korean Prez Argues for His Release
SOUTH KOREA'S IMPEACHED president on Saturday argued for his release before a Seoul judge as the court reviewed whether to grant a law enforcement request for his formal arrest.
High Stakes Season
The Indian corporate golf calendar is just packed
TikTok Says It Will Have To 'Go Dark' Unless Biden Acts
TikTok said it will have to \"go dark\" this weekend unless the outgoing Biden administration assures the company it won't enforce a shutdown of the popular app after the Supreme Court on Friday unanimously upheld the federal law banning the app unless it's sold by its China-based parent company.
Kotak Mahindra Bank net up 10%
KOTAK MAHINDRA BANK on Saturday reported a 10% year-on-year rise in net profit to ₹3,305 crore in the third quarter of the current financial year, supported by strong loan growth.
PM Modi Distributes 6.5 Million Svamitva Property Cards
PRIME MINISTER NARENDRA Modi on Saturday distributed more than 65 lakh property cards under the Svamitva scheme, and said it will bolster economic activities and help in poverty alleviation.
Namaste Wegovy, Ozempic and tirzepatide
Indian pharma set for shake-up with entry of these drugs
Relishing Rajasthan
Rajasthan's lure is going beyond havelis and sand dunes to include its vibrant culinary landscape. Apart from the traditional outlets and popular hotspots dishing out iconic dishes, the state is also experimenting with ingredients once restricted by climate and availability
Corrections in EPFO portal, account transfers simplified
IN A BID to ease the burden of subscribers, the Employees' Provident Fund Organisation (EPFO) has simplified the process of correcting any member's personal details on the EPF portal, and eased the way through which PF accounts are transferred during change of job.
Celtic women held sway in 'matrilocal' societies
An ancient cemetery reveals a Celtic tribe that lived in England 2,000 years ago and that was organised around maternal lineages, according to a DNA analysis
