Vehicle registrations rose 0.73% to 1,895,552 units, with two-wheelers up 4.7%, three-wheelers 5.1%, passenger vehicles down 6.8%, and commercial vehicles falling 4.7%. Heatwaves, deferred purchases, and kharif crop delays impacted sales. Rural market share for two-wheelers fell to 58.6%. Dealers expect increased sales with improved supply and product launches despite high inventory and election slowdowns.
from Auto-Industry-Economic Times https://ift.tt/ASmjVMF
Subscribe to:
Post Comments (Atom)
Tata AutoComp Systems to acquire 80% stake in Artifex
Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...
-
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