Passenger vehicle sales plunge 19% in September
FADA says dealers have historically high inventory levels of 80-85 days—equivalent to 7.9 lakh vehicles worth ₹79,000 crore.
FADA says dealers have historically high inventory levels of 80-85 days—equivalent to 7.9 lakh vehicles worth ₹79,000 crore.
This poses a substantial risk for dealer sustainability, warns FADA.
PV sales fell 7.8% and overall auto retails dipped 9.29% on a month-on-month basis in June; dealer feedback across segments remains cautious
Due to the extreme heat which broke records, the number of walk-ins to showrooms dropped by around 18%.
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
Passenger vehicle volumes could grow 5%-8% in FY25, as the pent-up demand normalises, says rating agency
Two-wheeler EV sales surged due to the expiration of the FAME 2 subsidy on March 31.
India's largest carmaker Maruti Suzuki clocks highest-ever sales in FY24
SUVs in particular saw strong demand, with extended waiting periods for key models.
Strong growth prospects should produce a sustained increase in car sales to 6 million by the end of the decade, says Moody's