Better supply and demand drive PV sales to new monthly record

Better supply and demand drive PV sales to new monthly record

Passenger vehicle sales in India reached a new high for February last month amid better supplies and strong consumer demand, making it the fourteenth straight month of best monthly sales, data from industry body Society of Indian Automobile Manufacturers (Siam) showed. Two-wheeler sales zoomed 35% on year, but fell short of the monthly record set … Read more

Auto sales India: India’s auto retails rise 15% in Jan riding record PVsales; a tough Q4 awaits for CVs: FADA

Auto sales India: India’s auto retails rise 15% in Jan riding record PVsales; a tough Q4 awaits for CVs: FADA

Overall auto retail market expanded 15 per cent in January on an annual basis, FADA data showed on Tuesday. While all segments posted a double-digit growth, commercial vehicles saw a 0.1 per cent growth and the auto body has warned of a demand taper in the final quarter of this financial year. Data from the … Read more