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PVs sales up 1.8% in Sept 23, dispatches of PVs, 3Ws in Q2 highest ever: SIAM

The Business Guardian

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October 17, 2023

India’s automobile industry posted 1.8 per cent growth on-year in wholesales of passenger vehicles at 3.61 lakh in September and the highest ever sales in the July-September quarter, riding high on the festive stimulus injected by positive purchasing sentiments, all-round economic growth of the country and conducive Government policies

- NIVEDITA MUKHERJEE

PVs sales up 1.8% in Sept 23, dispatches of PVs, 3Ws in Q2 highest ever: SIAM

Companies sold 74,418 units of three-wheelers and 17,49,794 units of two-wheelers. The total production of PVs, 3wheelers, 2wheelers and quadricycle in September 2023, was 25,19,105 units, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.

In the July-September quarter of 2023-24, auto firms dispatched 10,74,189 units of PVs, 2,47,929 units of CVs, 1,95,215 units of 3wheelers, 45,98,442 units of two-wheelers in the domestic market. While PVs have posted a growth of 4.7 per cent, 3wheelers have posted a growth of 62.2 per cent, compared to the corresponding period of FY23. The total production of PVs, commercial vehicles (CVs), 3wheelers, 2wheelers and quadricycle in the Q2FY24 was 74,03,794 units.

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Rahul Gandhi urges PM to announce Punjab Flood relief package

Congress leader Rahul Gandhi on Monday again urged Prime Minister Narendra Modi to immediately announce a comprehensive relief package for Punjab following devastation caused by floods in the state.The Congress leader, who had written a letter to PM Modi earlier, said Punjab has suffered losses of “nearly Rs 20,000 crore” due to the floods, and the initial relief package of Rs 1600 crore announced by PM Modi is an “injustice” to the people of Punjab.”

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