India’s PV sales dip 6.7% in June as overall auto retail growth modest
PV sales fell 7.8% and overall auto retails dipped 9.29% on a month-on-month basis in June; dealer feedback across segments remains cautious
PV sales fell 7.8% and overall auto retails dipped 9.29% on a month-on-month basis in June; dealer feedback across segments remains cautious
Due to the extreme heat which broke records, the number of walk-ins to showrooms dropped by around 18%.
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
Passenger vehicle volumes could grow 5%-8% in FY25, as the pent-up demand normalises, says rating agency
Two-wheeler EV sales surged due to the expiration of the FAME 2 subsidy on March 31.
India's largest carmaker Maruti Suzuki clocks highest-ever sales in FY24
SUVs in particular saw strong demand, with extended waiting periods for key models.
Strong growth prospects should produce a sustained increase in car sales to 6 million by the end of the decade, says Moody's
The domestic three-wheeler sales during the month under review stood at 59,738 units, up 30.8% as against 45,664 units in the same period last year.
Passenger vehicles and two-wheelers set new all-time highs.