Auto retail sales in India saw a 9% decline in September due to high passenger vehicle inventory and weak demand. Passenger vehicle sales dropped 19%, while two-wheeler registrations fell by 8%. Commercial vehicle registrations declined 10%, though tractor sales saw a 15% increase despite overall sluggish market conditions.
Related Posts
Olectra Greentech rolls out new buses equipped with blade battery technology
- staff
- January 18, 2025
- 0
Olectra Greentech Limited unveiled new electric bus models with blade battery technology, providing 30% more energy storage and enabling a range of up to 500 […]
IMF says India’s GDP growth to moderate to 7% in 2024 and 6.5% in 2025
The IMF projects India’s GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025 as post-pandemic demand depletes. Headline […]