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PVs, 2Ws clock record domestic sales in October
Business Standard
|November 14, 2024
Festival cheer drives demand
This October proved to be a record-breaking month for passenger vehicles (PVs) and two-wheelers (2Ws) as the segments posted their highest-ever domestic sales on the back of festival demand, with Dussehra and Diwali falling in the month. However, the three-wheeler (3W) segment faced a slight decline in domestic sales.
The Society of Indian Automobile Manufacturers (SIAM) reported that the PV segment recorded its highest-ever October domestic sales at 3,93,238 units, marking a modest 0.9 per cent increase over the same period last year despite a higher base. Utility vehicles (UVs), which include SUVs and MUVs, surged by 13.9 per cent in October and 13.28 per cent from April to October.
Dit verhaal komt uit de November 14, 2024-editie van Business Standard.
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