better supplies

India car sales: Car sales touch record mark in February amid better supplies and strong consumer demand

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India car sales: Car sales touch record mark in February amid better supplies and strong consumer demand

As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), as many as 370,786 cars, sedans and utility vehicles were sold last month, which is an increase of 10.8% over 334,790 units reported in the same period last year. This was the third highest monthly sales on record, behind 3,94,500 units the … Read more

Vehicle registrations increase by 13% to two million units in February, according to FADA

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Vehicle registrations increase by 13% to two million units in February, according to FADA

Vehicle registrations – a proxy for retail sales – increased in healthy double-digits by 13% to over two million units last month amid better supplies and sustained consumer demand across rural and urban markets. As many as 2,029,541 vehicles were sold last month, which is an increase of 13% over 1,794,866 units sold in February … Read more