Auto retails in March registered a growth of 3.14 per cent on a year-on-year basis even as passenger vehicles, commercial vehicles and tractors saw a decline, Federation of Automobile Dealers Associations (FADA) said on Monday. With the expiration of FAME-II subsidy on March 31, e-2W sales rose, with the category seeing a market share bump … Read more
Tractor sales in India, a proxy for rural economic health, have seen a steep decline in key states in the west and south in the first 9 months of the fiscal year, dragging overall sales down 4% in the world’s largest market for the equipment. This follows record growth in FY23. Maharashtra saw a 33% … Read more
The total domestic Passenger Vehicle (PV) wholesales rose 4 per cent in December 2023 at 2,86,390 units as against 2,75,352 units sold in December 2022, data from Society of Indian Automobile Manufacturers (SIAM) showed on Friday. The automakers sold 12,11,966 two-wheelers in the last month of 2023, a growth of 16 per cent from December … Read more
New Delhi, Mahindra & Mahindra Ltd on Monday reported a 6 per cent growth in total automotive sales at 60,188 units in December 2023, as compared to the same month a year ago. Passenger vehicles sales last month stood at 35,174 units, as against 28,445 units in December 2022, up 24 per cent, Mahindra & … Read more
