Primus Partners, in its latest edition of the 'Automobile Industry Value Report' offers an extensive outlook of the automobile industry, along with valuable insights and trends for the year 2023-24. This edition focuses on the global automobile industry, which experienced robust growth in 2023-24 due to pent-up demand from COVID-19, with India emerging as the third-largest market. It highlights shifts in volume, pricing, and value across different vehicle categories.
Additionally, it outlines the reasons behind the significant increase in the average price of UVs, including general price rises, shifts to higher segments, hybrids, automatics, sunroofs, higher variants, and electric vehicles. Read Now !
