Australia’s restaurants, cafes, and pubs saw a surge in footfalls this year due to an early Father’s Day. However, industry experts are of the opinion that this may be a one-off event, as consumer spending habits may be largely impacted by underlying financial pressures. The total hospitality spending rose to a whopping 5.2% — a … Read more
Following muted growth in FY24, Commercial Vehicle (CV) sales volumes are expected to register a degrowth by 3-6% in FY25 due to a slowdown in demand in both the Medium and Heavy Commercial Vehicle (MHCV)and Light Commercial Vehicle (LCV) segments, as well as high inventory levels with dealers, CARE Ratings has said.Demand is, however, likely … Read more
New Delhi: Commercial vehicle sales volume is expected to decline 3-6 per cent in the current fiscal due to a slump in demand, according to a report by CareEdge Ratings. The drop in sales volume is due to a slowdown in demand in both the medium and heavy commercial and light commercial vehicle segments, as … Read more
