Auto retail in March saw a 3.14% YoY growth, despite declines in passenger vehicles, commercial vehicles, and tractors. E-2W sales surged after FAME-II subsidy expiration, reaching 9.12% market share. Lok Sabha elections impacted PV, CV, and tractor sales. FY24 witnessed 10% growth with optimistic outlook for FY25, despite urban consumer sentiment decline.
Ashok Leyland: Total vehicle sales (domestic + exports) in December 2023 were at 16,324 units, a decline of 10% compared to 18,138 units sold in December 2022.
CV Sales: November was a tepid month for commercial vehicle sales with just 2% growth compared to November 2022, and a 19% drop vs. October 2023. A few major trends have been driving sales in the CV industry this year. A combination of near-term challenges and opportunities will determine the growth of the industry in the last 4 months of the current financial year. while the short-term outlook may not be transparent, the long-term outlook for the CV segment looks strong. A combination of world class products, ongoing reforms, focus on infrastructure and the country’s growth will drive the CV segment to new highs in the next few years.
saying, quote: the schools have a focus on equal outcomes. what they have done is disincentivized hard work. banning gas powered cars but wyoming flipping the script of republican lawmakers there proposed a bill that would end cv sales. supporting our industries that have been around for 100 years. cut protection. the pass wide open. touchdown lamb. on behalf of all football fans is thank you and appreciate the memories. what a career. ain t no singing over me. something doesn t feel the same. good morning, it is tuesday, many people had yesterday off. so if you did, you have enjoyed your long weekend, welcome back. we re glad to be back together. you are looking at the bucs and cowboys games the bucks lost to the cowboys final score 31-14.
Second COVID-19 wave likely to pose risks to domestic auto demand: IndRa
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research said
PTI | April 24, 2021 | Updated 08:45 IST
The second wave of COVID-19 could pose downside risks to the domestic auto industry demand in the near term, a report said on Friday.
The demand for commercial vehicles (CVs) may revive in the second quarter of 2021-22 as economic activities improve, and also due to the lower capacity in the system after consecutive double-digit decline in 2019-20 and 2020-21, India Ratings and Research (Ind-Ra)said in the report.