PV

june auto sales: India’s auto retail sales register 0.73% annual growth in June on the back of prolonged heatwave

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june auto sales: India’s auto retail sales register 0.73% annual growth in June on the back of prolonged heatwave

India recorded just 0.73 per cent annual growth in its auto retail sales in the month of June, owing to the delayed monsoon in certain parts of the country, the Federation of Automobile Dealers Associations (FADA) said on Friday. While the two wheeler (2W) and three-wheeler (3W) segments saw a positive year-on-year (YoY) growth of … Read more

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