Car sales jump 32% in Oct; 2-wheelers see 36% growth: FADA
The passenger vehicle segment’s growth was driven by the festivals coinciding in October, boosting consumer purchasing.
The passenger vehicle segment’s growth was driven by the festivals coinciding in October, boosting consumer purchasing.
FADA says dealers have historically high inventory levels of 80-85 days—equivalent to 7.9 lakh vehicles worth ₹79,000 crore.
This poses a substantial risk for dealer sustainability, warns FADA.
PV sales fell 7.8% and overall auto retails dipped 9.29% on a month-on-month basis in June; dealer feedback across segments remains cautious
Due to the extreme heat which broke records, the number of walk-ins to showrooms dropped by around 18%.
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
Passenger vehicle volumes could grow 5%-8% in FY25, as the pent-up demand normalises, says rating agency
Two-wheeler EV sales surged due to the expiration of the FAME 2 subsidy on March 31.
India's largest carmaker Maruti Suzuki clocks highest-ever sales in FY24
SUVs in particular saw strong demand, with extended waiting periods for key models.