India’s small car segment market continues to become smaller in the passenger vehicle industry. Maruti Suzuki India will continue to put efforts into manufacturing low-cost small cars for budget-concerned buyers, said RC Bhargava, Chairman of Maruti Suzuki India Limited, reported Moneycontrol first quoting the company’s annual report for the financial year 2023-24 on Sunday, August …
In May 2024, Passenger Vehicle sales were at 3,47,492 units, Three-wheelers 55,763 units, and Two-wheelers 16,20,084 units. New Delhi: The total production of Passenger Vehicles , Three Wheelers, Two Wheelers, and Quadricycle in May 2024 was 24,55,637 units, according to the data released by the Society of Indian Automobile Manufacturers (SIAM). Domestic Sales: In May …
Total passenger vehicle sales (dispatches to dealers) in October grew 16 per cent year-on-year (y-o-y) to 3,89,714 units, compared to 3,36,330 units in the corresponding month last year. According to the monthly sales data shared by the Society of Indian Automobile Manufacturers (SIAM), the sales were contributed by utility vehicles (UVs), which grew 40 per …
Passenger vehicle sales crossed the two million mark in half a year for the first time as utility vehicles continued to propel consumer demand at the start of the festive season in September. Sales of cars, sedans and utility vehicles hit a record 361,717 units in September, rising 1.9% year on year on a high …
Tata Motors Ltd on Sunday reported a 2 per cent rise in its total domestic vehicle sales at 82,023 units in September, as against 80,633 units in the same month last year. Passenger vehicle sales in the domestic market, including electric vehicles, were down 6 per cent at 44,809 units last month, as compared to …
The passenger vehicle segment is all set to scale a new peak, selling more than 4 million units this fiscal year, with sport utility vehicles driving the demand by accounting for nearly half the volume. Sales of passenger vehicles, which were 2.5 million units a decade ago, have picked up speed after a blip during …