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Baua Electric
MAY 24, 2024
The used car industry is generally three to five years behind the trends in the new car market. New Delhi: The Indian used car market is poised for continued expansion, fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles. million units.
Baua Electric
MAY 21, 2024
CLSA downgraded its rating on Delhivery to underperform from buy citing volatile growth in the express parcel segment. “We think that what happened with Delhivery was one-off event where we saw a knee-jerk reaction from the market to its results,” said Hemang Jani, director, Finazenn.
Baua Electric
JANUARY 16, 2024
Analysts and industry experts believe the move will affect the second-hand market for EVs and dissuade buyers who are already rethinking big purchases due to higher borrowing costs. “Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.” The value of used EVs has dropped 33.7%
Baua Electric
JANUARY 17, 2024
stake through the open market on Wednesday. Despite such a big sell-off, shares of Pricol ended positive due to strong institutional buying. Pricol is Minda Corp’s largest rival in the two-wheeler instrument cluster business. The stock closed 0.7% higher at INR 370.75 at INR 400.65.
Baua Electric
MARCH 6, 2024
Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1
Baua Electric
MARCH 4, 2024
Mitsubishi will buy a 7.5% “Mitsubishi has significant previous experience in resource JVs and this partnership should improve market confidence to FID (for PAK Project),” said Stifel Canada analyst Cole McGill. Frontier shares were trading at C$1.06 after briefly hitting a five-month high earlier in the session.
Baua Electric
MAY 23, 2024
Second, when Das WeltAuto buys a used car from any other OEM, they get access to the customer data which helps in pitching its own offerings. Volkswagen’s market share in the Indian new car market is less than 2%, but about 30%- 35% of its sales come from exchange programs during new car buying.
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