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
Subscribe to:
Post Comments (Atom)
Apple, Nvidia Score Relief From US Tariffs With Exemptions
Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs. The exclusions apply to ...
-
Samsung Galaxy S25 series, the next flagship phones from the South Korean tech brand is expected to be unveiled early next year. Samsung is ...
-
Carmakers and dealers are grappling with inventory levels amid slowing demand in India. The Federation of Automobile Dealers Associations (F...
-
Maruti Suzuki launches the new Swift 2024, priced from Rs 6.49 lakh. This model boasts enhanced features, safety, and fuel efficiency, maint...
No comments:
Post a Comment