Sunday, September 1, 2024

Auto sales decline for second straight month in August

Passenger vehicle sales in India declined for the second consecutive month in August due to a high base and manufacturers reducing dispatches to balance dealership stock. About 350,000-355,000 vehicles were dispatched, marking a 1.7-3% drop from August 2023. Carmakers are hopeful for strong demand during the upcoming festive season.

from Auto-Industry-Economic Times https://ift.tt/GTQ9JNo

No comments:

Post a Comment

Global electric wheels take turn on to Indian roads

Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. T...