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Domestic passenger vehicles sales for April surges 14.68 per cent to 2,77,602 units, car sales up 17 per cent
Domestic passenger vehicles sales for April surges 14.68 per cent to 2,77,602 units, car sales up 17 per cent
Domestic Passenger Vehicles Sales For The Month Of April Surged 14.68 Per Cent To 2,77,602 Units From 2,42,060 Units In The Same Month Last Year.
News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 09 May 2017, 11:35:34 AM
New Delhi:
Domestic passenger vehicles sales for the month of April surged 14.68 per cent to 2,77,602 units from 2,42,060 units in the same month last year.
Domestic car sales rose 17.36 per cent to 1,90,788 units as against 1,62,566 units in April last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
COVID-19 battered auto sector drives into 2021 with cautious optimism
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Last Updated: Dec 20, 2020, 12:18 PM IST
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Synopsis
Having endured and managed to recover from the disruptions induced by a once-in-a-century event, the Indian auto sector is cautiously looking forward to 2021 with hopes of putting up a better show in the post-COVID-19 world, although a lot will hinge on how the economy grows.
Agencies
Having endured and managed to recover from the disruptions induced by a once-in-a-century event, the Indian auto sector is cautiously looking forward to 2021 with hopes of putting up a better show in the post-COVID-19 world, although a lot will hinge on how the economy grows.
Passenger vehicle sales in the country plunged 78.43 per cent in the April-June period Published: December 20, 2020 17:59 PTI Companies like Mahindra & Mahindra are optimistic that a positive monsoon, strong rural demand and the availability of finance are all indicators of a good economic recovery and buoyant demand, going forward. Image Credit: Supplied
Having endured and managed to recover from the disruptions induced by a once-in-a-century event, the Indian auto sector is cautiously looking forward to 2021 with hopes of putting up a better show in the post-COVID-19 world, although a lot will hinge on how the economy grows.
Already battered by an unprecedented slowdown before the coronavirus pandemic, the resilience of the Indian auto industry was tested severely when the nationwide lockdown was announced towards March-end.
Having endured and managed to recover from the disruptions induced by a once-in-a-century event, the Indian auto sector is cautiously looking forward to 2021 with hopes of putting up a better show in the post-COVID-19 world, although a lot will hinge on how the economy grows. Already battered by an unprecedented slowdown before the coronavirus pandemic, the resilience of the Indian auto industry was tested severely when the nationwide lockdown was announced towards March-end. Passenger vehicle sales in India, the barometer of the automobile industry s performance, plunged 78.43 per cent in the April-June period this year hit by the pandemic, declining for the ninth straight quarter and making it the longest slowdown in 20 years.