three wheeler sales

Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%

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Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%

Sales of passenger vehicles in the local market increased by 8.4% to its highest-ever mark at 4.22 million units in the financial year concluded March 31, 2024 powered by better supplies and sustained consumer demand. Two-wheeler sales too recovered, growing by over 13% to 17.9 million units in the year under review. However, overall volumes … Read more

Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

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Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

As per data collated by Federation of Automobile Dealers Association (FADA) from the VAHAN portal of the Ministry of Road, Transport and Highways (MoRTH) as many as 2,127,653 vehicles were registered last month, compared to 1,849,691 units in the same period last year. With rural markets on a recovery mode, vehicle retailers are optimistic of … Read more