PV Sales In August: According to data available with industry body Society of Indian Automobile Manufacturers (SIAM), as many as 359,228 passenger vehicles were sold in August, which is an increase of 9.4% over 328,376 units sold in the corresponding period of the last financial year.
Automobile retail sales in India rose by 9 per cent in August aided by sales growth in all segments, including passenger vehicles and two wheelers, dealers' body FADA said on Tuesday.
Passenger Vehicle Sales 2023: As the industry prepares for the festive season in various parts of the country, auto sales are expected to scale new peaks at over one million units. Better economic growth, better rural demand thanks to normal monsoon and agricultural activities, easing of semiconductor supply constraints, launch of new SUVs and the availability of more popular models are among the factors that would prop up sales during the 2023 festive season up to Diwali in November.
China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHF – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 69,000 shares, a decrease of 81.6% from the July 15th total of 375,500 shares. Based on an average daily trading volume, of 0 […]