by AIP Online Bureau | Mar 6, 2025 | Data, Eco/Invest/Demography, Non-Life
Two-wheeler sales witnessed a drop of 6 per cent year-on-year in February at 13,53,280 units as compared to 14,44,674 units sold in February last year. Dealers attributed this to inventory imbalances, aggressive pricing adjustments, weak consumer sentiment, lower...
by AIP Online Bureau | Feb 6, 2025 | Data, Eco/Invest/Demography, Non-Life
“Our observations indicate that each vehicle category –2W, 3W, PV, tractor and CV– witnessed positive momentum, pointing toward sustained consumer confidence and steady market recovery. Inventory levels have improved, dropping by around five days to...
by AIP Online Bureau | Jan 7, 2025 | Data, Eco/Invest/Demography, Policy, Technology
Two-wheeler registrations fell 18 per cent to 11,97,742 units as compared to 14,54,353 units in December 2023 On business outlook, FADA noted that in the two-wheeler segment, rising rural incomes, fresh model introductions and an eventual plateau in EV disruption...
by AIP Online Bureau | Jan 3, 2025 | Data, Eco/Invest/Demography, Non-Life, Policy
In 2024, EV sales reached 1.95 million units, up from 1.5 million in 2023. EV penetration also went up to 7.5%, compared with 6.39% in the previous year. Driven by rising private consumption and disposable incomes, India saw vehicle retail sales increase by at least...
by AIP Online Bureau | Dec 9, 2024 | Data, Eco/Invest/Demography, Policy
“although rural interest was present, it failed to significantly improve sentiment. Inventory levels have reduced by about 10 days, but to remain high at around 65-68 days”FADA President, C S Vigneshwar New Delhi: Retail sales of vehicles across categories...
