INDIA SALES ANALYSIS: APRIL 2015
Most of the big players in the passenger car sector reported good gains in April 2015, which could be to a combination of slightly improved market sentiment, new models, and good retail deals offered by OEMs.
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The first month of the fiscal year 2015-16 has opened with good numbers for a couple of vehicle segments. The sales numbers for the passenger vehicle and medium and heavy commercial vehicle (M&HCV) sector in April 2015 augur well for the rest of the year. While passenger car sales, at 159,548 units, registered an 18.14 percent increase over sales in April 2014, sales of M&HCVs rose 24.94 percent to 19,277 units. While car sales rose for the sixth month in a row, thanks to improved market sentiment, good deals in the market and stable interest rates, M&HCV numbers were up ...
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