Tag Archives: Passenger

Fuel Prices, RBI Policy To Fuel Passenger Vehicle Demand In 2017: Fitch

Chennai: Low fuel prices coupled with an accommodative monetary policy from the Reserve Bank of India (RBI) is what credit rating agency Fitch Ratings expects to support demand for passenger vehicles in 2017. According to Fitch, the demonetisation of 500/1,000-rupee notes would impact sales of luxury cars and not sales of other automobiles — two wheelers, small cars and commercial ... Read More »

Indian Passenger Vehicle Sales Expected to Witness Double Digit Growth in FY2016

2015 saw the Indian automobile industry turnaround its fortunes after a dismal 2014, as sales figures soared across most passenger vehicle segments. Despite the tumultuous few months towards the end of last year, most carmakers in India will hope to carry forwards their newfound momentum into the next fiscal. This was confirmed by the numerous records broken at Auto Expo ... Read More »