Tuesday, April 1, 2025

Passenger vehicle sales hit record in FY25 despite demand slowdown

Domestic passenger vehicle wholesales saw minimal growth in FY25, with deferred purchases due to economic uncertainties and inflation. Sport-utility vehicles hit record sales, while electric vehicles had modest growth. Major carmakers experienced varied sales, with Maruti Suzuki and Hyundai seeing slight declines, while Mahindra & Mahindra and Kia India reported increases.

from Auto-Industry-Economic Times https://ift.tt/sE6ihqy

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