SUV drives PV sales growth to 8.4% in FY24: SIAM
In FY24, the sales of utility vehicles witnessed a growth of 25.8% year-on-year to 25,20,691 units as against 20,03,718 units in FY23.
In FY24, the sales of utility vehicles witnessed a growth of 25.8% year-on-year to 25,20,691 units as against 20,03,718 units in FY23.
The domestic wholesales of two-wheeler manufacturers including electric vehicles grew by 26.2% YoY to 14,95,183 units against 11,84,376 units in the same period last year.
The passenger vehicles witnessed a marginal dip in exports in the December quarter to 1,69,463 units as against 1,70,458 units in the same period last year.
Overall automobile exports declined by 6.02% YoY during the period under review.
The total passenger vehicle domestic sales surged 9.4% to 9,95,974 units in Q1 of FY24 as against 9,10,495 units sold in the same period last year.