Monday, September 11, 2023

India's PV sales increase to highest-ever level in August

Sales of passenger vehicles in India reached a record high last month, driven by strong demand for sports utility vehicles. However, the wholesale volumes of entry-level cars and motorcycles remained weak due to pressure on consumers' disposable income. The Society of Indian Automobile Manufacturers reported that 359,228 passenger vehicles were sold in August, a 9.4% increase compared to the same period last year.

from Auto-Industry-Economic Times https://ift.tt/3HQ9ECu

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...