by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Non-Life
The overall domestic automobile retail sales stood at 2,38,67,990 units in the 2023 calendar year as compared to 2,14,92,324 units in 2022 New Delhi: Aided by robust demand, automobile retail sales in India rose by 11 per cent last year as compared to 2022,...
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...
