INDIA SALES ANALYSIS: February 2017
From the looks of it, the Indian automobile industry, lead by the passenger vehicle segment, is putting the demon of demonetisation behind it.
07 Mar 2017
28645 Views
Share -
The buying sentiment is back in the Indian automobile industry. As per data released by apex industry body SIAM, growth is gradually edging upwards to reach pre-demonetisation levels.
Total sales at 1,719,699 units, across all vehicle segments in February 2017, point to flat growth (0.94 percent) but an improvement over January 2017 (1,620,045 units, -4.71 percent), December 2016 (1,221,929 units, -18.66%) and November 2016 (1,563,665 units, -5.48%). Sales in October 2016 (2,201,571 units, 8.14%) and September 2016 (2,260,992 units, 20.16%), ahead of the demonetisation exercise, were the highest this fiscal.
How the segments fared in February
At 255,359 ...
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...
