As has been the trend for some time now, sports utility vehicles continued to steer demand in the market.
Economic indicators appeared upbeat to give the second quarter of the current financial year a rousing start with robust GST collections, rise in ITR
In May, sales picked up some pace as retail sales grew 10%. Two-wheeler sales went up 9%, three-wheeler sales zoomed 79%. Meanwhile, Passenger vehicl
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In April, sales of passenger vehicles increased 13%, while actual registration of vehicles, that is retail sales, went up by just 3.5%
This is not easy but if properly executed the company can differentiate itself which will lead to two strategic advantages
The grim situation is visible from the side mirror of the two-wheeler. This sadness has become a cause of concern for the entire auto industry.
Three wheeler dispatches stood at 22,471 units in-total which was down by 7% from 24,071 units in November 2020
The latest data from Siam said that two wheeler dispatches to dealers also saw a 25% decline at 15,41,621 as against 20,53,814 units in October 2020
Sales of passenger vehicles, which comprise cars, SUVs and vans, dipped 22% in October due to supply-side constraints.