The passenger vehicle sales of Mahindra and Mahindra in June 2024 saw a significant surge with an increase of 23 per cent compared to the same month last year.
Tata Motors has announced a price increase of up to 2 per cent for its commercial vehicles effective from July 1, 2024, the company informed the exchange in a filing on Wednesday.
While the sales of two-wheelers have seen a significant rise in the month of May 2024, sales of passenger cars have dropped by over 11 per cent, according to the data released by the Society of Indian Automobile Manufacturers (SIAM)
India's retail auto sector registered 2.61 per cent growth Y-o-Y in May, highlights Federation of Automobile Dealers Associations (FADA) in its vehicle retail data on Monday.
India's commercial vehicle sales registered positive growth in May, the commercial vehicle market saw notable performance improvements from major manufacturers, signaling a robust and growing industry.
Amid a significant surge being witnessed in India's passenger vehicle sales, four major automobile companies have released their car sales numbers for the three months of April-June 2024.
ontinuing with the trends from the last quarter of 2023-24, a significant 30.8 per cent growth in two-wheeler sales were reported in April on a yearly basis. In the first month of the current financial year 2024-25, sales of two-wheelers were reported at 17.5 lakh units.
EVs offer the lowest lifetime cost, followed by CNG. Demand for EVs is booming, driven by government incentives, reducing battery costs, and rising fuel costs, especially petrol and diesel.
The CEA said that demand conditions are favourable, reflected in healthy passenger vehicle sales, domestic air passenger traffic, and a buoyant construction sector
Two-wheeler sales in India rose 26 per cent to 1.49 million units in January 2024 as against 1.18 million units sold in the same month of last year, according to data put out by the Society of Indian Automobile Manufacturers released on Wednesday.