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,...
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...
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...
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...
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...