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

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...