Sales of passenger vehicles in the local market increased by 8.4% to its highest-ever mark at 4.22 million units in the financial year concluded March 31, 2024 powered by better supplies and sustained consumer demand. Two-wheeler sales too recovered, growing by over 13% to 17.9 million units in the year under review. However, overall volumes … Read more
Sales of cars, sedans and utility vehicles ended on a strong note last month helping annual volumes breach the four million mark for the first time in 2023. As per industry estimates about 4.1 million passenger vehicles were sold in the local market in the last calendar year, which is an increase of around 8.2% … Read more
Vehicle registrations – a proxy for retail sales – increased by nearly a fifth to a record 3.8 million units this festive season amid robust consumer demand in the local market. As per data collated by the Federation of Automobile Dealers Association (FADA), as many as 3,793,584 vehicles were registered in the 42-day period between … Read more
Increasing demand for bigger and sporty vehicles in India is a great road safety and environmental challenge and the government should discourage sales of these bigger vehicles, David Ward, executive president, Global New Car Assessment Programme (Global NCAP) said. “India, a country with one of the highest fatal road accidents, should avoid going the United … Read more
