
FY23: Race for Record Auto Sales
Price hikes and higher interest rates have failed to come in the way of India's love for cars.
Price hikes and higher interest rates have failed to come in the way of India's love for cars.
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
India Ratings and Research says demand for these vehicles will take a hit in the near term.
Sales of passenger vehicles—which include cars, utility vehicles, and vans—fell 23.7% in September.
The commercial vehicle segment posted the highest fall at 14% followed by two-wheelers at 6.4% and three-wheelers at 6.1%.