After a historic 27% growth in FY23 with 3.9 million units sold, passenger vehicle (PV) sales in India are expected to grow at a moderated pace of 6-8% in FY24, according to an Olx Crisil Mobility report. Over the long term (5-year period), a healthy growth rate of 5-7% CAGR is projected. India's PV sales continue to advance at a brisk pace. For the third straight year, most other markets, which have seen sales inch up year on year, are still struggling to reach the pre-pandemic levels.
from Auto-Industry-Economic Times https://ift.tt/mc468yi
Subscribe to:
Post Comments (Atom)
-
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christoph...
-
Maruti Suzuki launches the new Swift 2024, priced from Rs 6.49 lakh. This model boasts enhanced features, safety, and fuel efficiency, maint...
-
At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive ben...
No comments:
Post a Comment