Maruti targets to regain old glory

Maruti has set two targets for itself – Become No. 1 in SUV by FY 24 Which would help it regain it’s 50% market share (as was the case earlier) Over the years, Maruti has lost some ground to the competitors. It was controlling almost half (50%) of the Indian passenger vehicles (cars) sales for … Read more

Chip shortage may pull down auto volume growth to 11-13%: Report

The ongoing chip shortage is likely to moderate passenger vehicle sales growth to 11-13 per cent this fiscal, down from the earlier volume growth forecast of 16-17 per cent, delaying the industry recovery as the waiting period is increasing amid strong demand due to production curbs, says a report. The semiconductor shortage will lead to … Read more

Electric Vehicles – need a jump start !

Government goes slow on procurement of electric vehicles, limits sourcing —- When I saw this news today, it suddenly reminded me of the numerous arguments that I had on the subject of electric vehicles (EV) with some of my closest friends over the last one year. Thought of putting up a quick post so that … Read more