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Domestic passenger vehicle sales rise 4% in May to 347,492 units: SIAM

by AIP Online Bureau | Jun 11, 2024 | Data, Eco/Invest/Demography, Non-Life

Moreover, the two-wheeler segment saw a notable 10% rise in sales, reaching 16,20,084 units in May, compared to 14,71,550 units in the same period last year New Delhi: India’s passenger vehicle wholesales experienced a 4% year-on-year growth in May 2023,...
Domestic PV sales growth flat in April due to high base effect, elections

Domestic PV sales growth flat in April due to high base effect, elections

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Dispatches of passenger vehicles from manufacturers to dealers were at 3,38,341 units in April 2024 as compared to 3,32,468 units in the same month last year, a growth of 1.77 per cent with major players Maruti Suzuki India, Hyundai and Tata Motors reporting marginal...
Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

Domestic PV sales soar to record high of 42 lakh units in FY24: SIAM

by AIP Online Bureau | Apr 13, 2024 | Data, Eco/Invest/Demography

In the three-wheeler segment, the industry is almost close to the earlier peak of 7 lakh units in FY19 Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent on...
Domestic passenger vehicle sales rise 11% in Feb: SIAM

Domestic passenger vehicle sales rise 11% in Feb: SIAM

by AIP Online Bureau | Mar 12, 2024 | Data, Eco/Invest/Demography, Non-Life

“Passenger vehicles, two-wheelers, and three-wheelers have posted growth in February 2024 compared to the previous year, while commercial vehicles have witnessed a slight de-growth,” Society of Indian Automobile Manufacturers (SIAM) President Vinod...

Passenger vehicles industry estimated to grow up to 9% this fiscal: ICRA

by AIP Online Bureau | Mar 7, 2024 | Data, Eco/Invest/Demography, Non-Life

The utility vehicle (UV) segment continued to expand led by a shift in customer preferences coupled with a slew of product launches. Mumbai: The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the...
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