Vehicle registrations in India saw a rise of 4.8% in June. Good monsoon rains and government spending boosted demand. Two-wheeler sales increased by 4.7%. Passenger vehicle and commercial vehicle sales also grew. Tractor and construction equipment sales witnessed significant jumps. Dealers are cautiously optimistic about the upcoming festive season. Geopolitical tensions and supply chain issues remain concerns.
from Auto-Industry-Economic Times https://ift.tt/D2Nh9R6
Subscribe to:
Post Comments (Atom)
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...
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment