INDIA SALES ANALYSIS: FEBRUARY 2016
Carmakers with new models in their stable have benefited the most as consumers look to purchase a new set of wheels. But the newly imposed 1-4% infrastructure cess is set to play spoilsport for industry in the coming year.
21209 Views
Car sales skid in February, UVs act as buffer
The Indian passenger car industry has seen a sales decline for the second consecutive month in February 2016, as a host of factors like production loss due to the Jat agitation in Haryana, selective ban on diesel SUVs and luxury cars in Delhi and cautious buyer sentiment ahead of the Budget, slowed down despatches.
According to sales data released by the Society of Indian Automobile Manufacturers (SIAM), passenger car sales in February fell 4.21 percent YoY to 164,469 units. This is the second decline after January when car sales ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
TVS increases scooter market share to 24% with half-a-million units in April-August
Autocar Pro News Desk
17 Jan 2023
With 523,458 units, TVS Motor Co records best-ever scooter sales in the first 5 months of a fiscal and also substantiall...
Maruti Suzuki strengthens its grip on car exports in H1 FY2023
Autocar Pro News Desk
10 Jan 2023
Having shipped 131,070 units in April-September 2022, Maruti Suzuki India accounts for 41% of total made-in-India vehicl...
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
Ajit Dalvi
10 Jan 2023
India’s commercial vehicle market is back in growth mode. While M&HCVs are up 88%, LCV demand has grown by 59%. An in-de...
