Astro India Automobile unveils Mahindra XUV 3XO dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
India s overall auto sales in September increased by 20% compared to the previous year. The two-wheeler and three-wheeler categories also saw new records. The 2W category had a 22% increase, while the 3W category had a 49% increase. However, tractor sales decreased by 10%. The sales growth is attributed to the upcoming festive season, the introduction of new models, attractive promotional offers, and increased demand in rural areas. This positive trend is seen as a potential turnaround in the rural market.
India Auto Sales: "September s Auto Retail celebrated a 20% YoY leap, continuing the momentum from the previous month while marking a 3.5% MoM increase, seamlessly transitioning into the festive period s sweet spot set to unfold over the next 42 days," said FADA President Manish Raj Singhania.
Tesla could enter India with ease as its largest rival in electric vehicles from China, BYD, faces increased scrutiny from New Delhi, clearing the way for Tesla to negotiate terms for an entry to the world s third-largest auto market without competition from BYD. Tesla CEO Elon Musk has held talks with Indian officials on a potential plant investment and plans to build a new low-cost USD 24,000 EV.