Auto sales surge 20.3% in FY23 on strong demand for passenger vehicles: SIAM
Passenger vehicle sales were the highest, witnessing a surge of 26.7% to 38,90,114 units in FY23, as against 30,69,523 units in the same period last year.
siam data
April 2023
March 2023
February 2023
December 2020
January 2020
December 2019
July 2019
January 2019
PV sales rise 11% to over 2.9 lakh units in Feb: SIAM
Between April 2022 and February 2023, passenger vehicle sales stood at 34,61,716 units, whereas the production stood at 40,76,780 units.
Jan PV wholesale up 17.2% on better demand, sentiment: SIAM
The auto wholesalers' body says positive announcements in the Budget to help in continuing with the overall growth momentum.
Price rise to hurt car buyers in 2021
Rising commodity prices have compelled some of India's top automakers to hike car prices, from January. Experts caution this could further dampen consumer demand and delay recovery in the auto sector.
Passenger car sales fall 8.4% in December
Vehicle sales fell 13.08% from a year ago. The saving grace for the auto industry, which has seen falling sales for more than a year, came from sales of utility vehicles, which saw a 30% spike.
Passenger car sales slide 11% in November
Sales of passenger vehicles, which showed marginal growth in October, also fell last month.
Passenger car sales slump 24% in June
Overall sales of the auto industry, which has been facing headwinds for more than a year, fell 12.34% to 1,997,952 units in June from 2,279,186 units a year ago.
Passenger vehicle sales decline in December
SIAM says global factors such as a slow-growing world economy and the ongoing trade war between the U.S. and China will pose a major challenge to India’s automobile industry.
