15
Feb
13:20
Indian automotive production rebounds further in January
Indian automotive production grew 7.7% on-year in January to 2.21 million units, according to a Society of Indian Automobile Manufacturers (SIAM) note seen by Kallanish.
Domestic passenger vehicle sales rose 11% to 276,554 units.
In April-January automotive output nevertheless still declined 22% on-year to 22.19m units, due to the severe impact on Indian auto production from the Covid-19 pandemic last year. Domestic passenger car sales fell 13% to 2.05m unit…
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Very good overview of the weekly steel market.
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