Auto retail sales grow 27% in April 2024: FADA
The two-wheeler segment saw notable growth due to improved supply and the increasing demand for 125cc models, says FADA.
The two-wheeler segment saw notable growth due to improved supply and the increasing demand for 125cc models, says FADA.
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
India's largest carmaker Maruti Suzuki clocks highest-ever sales in FY24
Passenger cars marked the highest February sales figures ever, driven by new product introductions and enhanced vehicle availability, says FADA
Tata Motors registers 20% rose in domestic passenger vehicle sales
Moody's says the global car industry will hit the past peak of 95 million vehicles by 2026.
SUVs in particular saw strong demand, with extended waiting periods for key models.
Passenger vehicles and two-wheelers set new all-time highs.
The auto market showed consistent demand for luxury cars and SUVs, signifying a robust consumer appetite for premium segments, says FADA.
It is alarming that inventory levels have exceeded the 60-day supply for the first time, says FADA.