Passenger vehicles wholesales in India have touched a record high of 42,18,746 units in the financial year 2023-24, registering a year-on-year growth of 8.4 per cent, industry body Society of Indian Automobile Manufacturers said. The vehicle sales across the categories surged by 12.5 per cent to 2,38,53,463 units in the period under review On the other hand, the overall passenger …
PUNE: India’s auto exports comprising passenger vehicles and two-and three-wheelers grew by 5 per cent with 463,025 vehicles exported in February 2022. Passenger vehicle exports rose 44 per cent last month with a total of 51,213 vehicles exported compared to 35,345 units in the year-ago period. However, total passenger vehicle sales last month declined 7 per cent to 262,984 units …
With the second wave of the Covid-19 pandemic adversely impacting overall operations in May 2021, the Indian automobile industry witnessed total domestic sales of 4,42,013 units during the month, the latest SIAM report has revealed. The domestic passenger vehicle sales stood at 88,045 units in May 2021, while the domestic three-wheeler sales were reported at 1,251 units. As many as …
Bucking the negative trend, the Indian automobile industry witnessed the total domestic sales of the passenger vehicles rising 14.16 per cent to 2,15,916 units in August 2020 from 1,89,129 units in August 2019, the latest report from the SIAM has revealed. The total production of the passenger vehicles fell 5.98 per cent to 2,51,237 units in August 2020 from 2,67,215 …
Many companies in China are relocating or putting plants in other countries to cover geopolitical risks and the auto and components sector must bring those investments or tie up with them to produce in India, newly-elected President of Society of Indian Automobile Manufacturers Kenichi Ayukawa said on Saturday. Speaking at the annual session of the Auto Components Manufacturers Association of …