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

4.22 million units of passenger vehicles sold in FY24. Two-wheeler sales grew by over 13% to 17.9 million units, while commercial vehicle sales remained flat at 967,000 units. The industry shifted to 20% ethanol blend, boosting electric vehicle demand. Optimism prevails with positive macroeconomic outlook. ....

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Milestone unlocked: Annual passenger vehicle sales in India surpass 4 million mark in CY23, ET Auto

India Auto Sales: Sales of cars, sedans, and utility vehicles in India reached a record four million units in 2023, marking an 8.2% increase from the previous year. The industry saw a 4.4% growth in dispatching 287,904 units from factories to dealerships, the highest-ever reported for December. Retail sales were also higher at 442,800 units, bringing down stocks in the industry. ....

Tamil Nadu , Yuichi Murata , Shashank Srivastava , Girish Wagh , Hemant Sikka , Tarun Garg , Maruti Suzuki , Shailesh Chandra , Motor Company , Tata Motors , Chief Operating Officer , Hyundai Motor India , Motor India , Managing Director , Tata Motors Passenger Vehicles , Tata Passenger Electric Mobility , Honda Cars India , Cars India , Toyota Kirloskar Motor , India Auto Sales , Tata Motors , Maruti Suzuki , Hyundai Motor India , Tvs Motor Company ,

india auto sales: Milestone unlocked: Annual passenger vehicle sales in India surpass 4 million mark in CY23

Sales of cars, sedans, and utility vehicles in India reached a record four million units in 2023, marking an 8.2% increase from the previous year. The industry saw a 4.4% growth in dispatching 287,904 units from factories to dealerships, the highest-ever reported for December. Retail sales were also higher at 442,800 units, bringing down stocks in the industry. ....

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Indian govt should discourage sales of bigger vehicles, SUVs: David Ward of Global NCAP

Speaking at the road ministry event on Tuesday, Ward said India has one of the highest fatal road accidents and hence should avoid going the United States way of having more sports utility vehicles (SUVs) as they make the roads less safe for other small car occupants, pedestrians and cyclists ....

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