Monday, August 7, 2023

Vehicle registrations stay in the fast lane

Vehicle registrations increased by 10% last month, indicating sustained consumer demand in India's automotive market. Passenger vehicle, two-wheeler, and commercial vehicle registrations rose by 4.03%, 8.15%, and 2.02%, respectively. The momentum is expected to continue due to new vehicle launches and increased government spending on infrastructure projects.

from Auto-Industry-Economic Times https://ift.tt/JzChHl0

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...