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Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

by AIP Online Bureau | Dec 24, 2023 | Eco/Invest/Demography, Non-Life, Technology

Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. ”The overall outlook for the Indian automobile industry in 2024 looks good which can be attributed to the all-round economic growth of the country,...

Two wheeler sales in India decline 7.2 pc in July: SIAM

by AIP Online Bureau | Aug 10, 2023 | Data, Eco/Invest/Demography, Non-Life

Commenting on sales data of July 2023, Vinod Aggarwal, President, SIAM said, “Though the Passenger Vehicle and Three-Wheeler segments are performing well, there has been a de-growth of Two-Wheelers in July 2023, compared to July 2022. Overall, we expect that the...
Passenger vehicle wholesales rise 13.54 pc in May at 3,34,247 units: SIAM

Passenger vehicle wholesales rise 13.54 pc in May at 3,34,247 units: SIAM

by AIP Online Bureau | Jun 13, 2023 | Data, Eco/Invest/Demography, Non-Life

New Delhi: As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,94,392 units in May 2022 Two-wheeler domestic wholesales were at 14,71,550 units, as...
Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

Passenger vehicle dispatches rise 13% in April as demand remained robust: SIAM

by AIP Online Bureau | May 12, 2023 | Data, Non-Life

The total passenger vehicle dispatches from companies to dealers rose to 3,31,278 units last month compared to 2,93,303 units in April 2022 New Delhi: Domestic passenger vehicle dispatches witnessed a 13 per cent year-on-year rise in April as demand remained robust...
Passenger vehicle wholesales surge 92% in Sep on robust festive demand

Passenger vehicle wholesales surge 92% in Sep on robust festive demand

by AIP Online Bureau | Oct 13, 2022 | Indian News, Non-Life

Passenger vehicle (PV) dispatches from factories to dealerships in September 2021 stood at 1,60,212 units In the September quarter, PV sales increased by 38 per cent to 10,26,309 units, as against 7,41,442 units in the similar period of the last fiscal New Delhi:...
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