Substantial drop in sales of passenger cars, goods carriers, light Commerical Vehicles in Q2 FY 25: SIAM data

💨 Abstract

The article reports a 20% year-on-year decline in passenger car sales in India during Q2 FY25, as per data released by the Society of Indian Automobile Manufacturers. This decline was also observed in goods carriers and light commercial vehicles, with a 15.8% and 10.2% drop respectively. However, two-wheeler sales, particularly scooters and motorcycles, showed growth of 16.9%

Courtesy: theprint.in