passenger vehicles

Passenger Vehicles: Sharp correction in December dispatches for Passenger Vehicles in India indicates market slowdown

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Passenger Vehicles: Sharp correction in December dispatches for Passenger Vehicles in India indicates market slowdown

Passenger vehicle (PV) makers are estimated to have taken a sharp correction in dispatches to dealers in December, indicating that sales in Asia’s third largest auto market are beginning to lose steam. Easing of demand post festivals that had pushed up inventory coupled with last year’s high base impact nudged automakers to cut dispatches. December … Read more

SUV launches jam sales highway as sedans and hatchbacks take a backseat

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SUV launches jam sales highway as sedans and hatchbacks take a backseat

Mumbai: Indian carmakers have rolled out more sports utility vehicles than all other types of passenger vehicles combined in the last two years and the trend is likely to continue with many new SUVs proving instant hits. The number of SUV launches hit a new high this calendar year at 108, reaching the three-figure mark … Read more