Sunday, January 8, 2023

Automobile sector growth to level off in fiscal 2024

Improving urban sentiments, increased public mobility with reopening of educational institutions and offices and positive rural sentiments backed by a regular monsoon and increased MSP across crops, coupled with improved model availability and demand for electric vehicles (EVs), are expected to drive two-wheeler sales to 21-23% in fiscal 2023.

from Auto-Industry-Economic Times https://ift.tt/u8K2mUW

No comments:

Post a Comment

Car sales lose pace in June, SUVs stay in front

Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent...