Car sales in India soared by 9% to 4.23 million units last fiscal, driven by SUV demand. Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Toyota Kirloskar Motor, and MG Motor India all reported significant sales growth across various segments. Around 370,000 cars, sedans and utility vehicles were sold last month, compared to 336,000 units in the year-ago period, making it the 15th consecutive month that PV sales have breached previous monthly records.
SUVs drive auto sales to record highs in FY24, dispatches cross 42 lakh units thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
In March 2024, Tata Motors sold 50,297 passenger vehicles, witnessing a year-on-year growth of 14 per cent compared to 44,225 units sold in March 2023.
Passenger vehicle sales soar to record high in FY24; dispatches cross 42 lakh mark orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Car sales are on an uphill drive thanks to improved semiconductor supplies, robust demand for Sports Utility Vehicles (SUVs), healthy economic growth, favourable monsoon, and effective monetary policies