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.
Top 10 Passenger Vehicles: Baleno emerged as the leader, with 20% year-on-year sales growth totaling 19,630 units. Tata Motors Punch claimed the second position, recording an impressive 50% year-on-year increase with 17,978 units.
Minsk Automobile Plant (MAZ trademark) has shipped the first batch of suburban buses MAZ 257040 that were manufactured for Russia's Vladivostok, BelTA learned from the press service of the enterprise.
Sales of passenger vehicles in the month of June rose 2.2 per cent to 3.27 lakh units while two-wheeler sales saw an increase of 1.7 per cent at 13.30 lakh units, as per Society of Indian Automobile Manufacturers (SIAM) data released on Wednesday.
“It is necessary to ship at least 30 buses there this year. And we will talk it over within the framework of the visit to Irkutsk. The most important thing is that the consumers, who have previously bought our vehicles, know their quality,” the executive said.