Passenger car sales surged 8% to a record 4.22 million units in FY24 but have moderated since amid the heat wave, a long election season and a high base. Going by current vehicle registration trends on the government's Vahan portal, June growth is expected to be either flat or negative. ET reported June 17 that inventory levels at dealerships across the country were at 55-60 days against the norm of 30 days seen at this time of the year.
from Auto-Industry-Economic Times https://ift.tt/5bBu1MN
Subscribe to:
Post Comments (Atom)
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...
-
The Maruti 800 wasn't just a car, it was a revolution. Here are 6 Indian cars from the past that changed India's future from Auto-...
-
iQoo 12 Anniversary Edition is set to launch in India to celebrate iQoo's four-year anniversary in the country. The company has now anno...
-
Vivo X100 series is set to launch in China on November 13. Like the preceding lineups, the Vivo X100 is also said to arrive with three model...
No comments:
Post a Comment