Automaker Tata Motors and Hyundai Motor s India unit reported higher sales in April from a year earlier, while sales of truck maker Eicher Motors dipped, monthly data from the companies showed on.
Auto Sales In April: Indian automakers posted record sales volumes in fiscal 2024 and the momentum is expected to continue in the current financial year.
BENGALURU : Indian automakers, including Maruti Suzuki, Tata Motors, and TVS Motor reported higher sales of cars and two-wheelers in April from a year earlier, monthly data from the companies showed on Wednesday.Each month, automobile makers in India release wholesale numbers, or vehicle sales to dealers.
Exide and Amara Raja added a combined market value of about $2 billion in April as investors boosted their bets in the nascent clean car market. Purchase subsidies, lower operating costs and state-level policy will continue to support growth in the industry, analysts said.
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