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Two-wheeler manufacturers expect their sales volume to grow by 6-6.5% in FY23 on improved rural demand and increase in mobility, according to CareEdge. However, supply-chain bottlenecks and high inflation have dampened consumer sentiments, which will lead to a slower pace ...
Auto sector continues to reel under pressure in meeting volumes due to prolonged chip shortage crisis. According to a report by CARE Ratings, auto sales were mixed as two-wheeler sales grew marginally by 7.6% year-on-year, while three wheeler sales grew by ...