by AIP Online Bureau | Dec 6, 2023 | Data, Eco/Invest/Demography, Non-Life
”November ’23 has become a historic month for the Indian auto retail industry as 28.54 lakh vehicles were sold, thus overtaking the previous high of March ’20 when the industry sold 25.69 lakh vehicles,” Federation of Automobile Dealers...
by AIP Online Bureau | Nov 28, 2023 | Eco/Invest/Demography, Indian News, Non-Life
”Record-breaking sales were reported in several categories, with rural areas particularly contributing to the surge in two-wheeler purchases,” Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said New Delhi: Driven by...
by AIP Online Bureau | Sep 5, 2023 | Data, Eco/Invest/Demography, Non-Life
The total retail sales across segments rose to 18,18,647 units last month, up 9 per cent, from 16,74,162 units in August 2022. Passenger vehicle registrations increased by 7 per cent to 3,15,153 units last month from 2,95,842 units in August 2022 New Delhi: Automobile...
by AIP Online Bureau | Apr 4, 2023 | Data, Eco/Invest/Demography, Non-Life
The two-wheeler segment fell to a seven-year low with total retail sales of 1.59 crore last year. On sales outlook for the current fiscal, the industry body noted: ”As the high-growth period has now passed, FY24 is expected to see tapered growth in the low...
by AIP Online Bureau | Dec 9, 2022 | Data, Non-Life
The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021. Aided by brisk offtake, two-wheeler retails rose to 18,47,708 units last month, up 24 per cent, as against 14,94,797 units in...
