Both two-wheelers and passenger vehicles experienced declines due to weak consumer sentiment and high inventory levels. Seasonal factors and the Shraddh period also negatively impacted sales.
The sales of the passenger vehicle segment witnessed a surge in October 2024. The limited edition launched by different automakers and offered in the festive period gave positive momentum to the ...
passenger vehicle (PV) sales in India are expected to grow at a moderated pace of 6-8% in FY24, according to an Olx Crisil Mobility report. Over the long term (5-year period), a healthy growth ...