Festive cheer drives auto sales in October; 393K passenger vehicles sold

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The two-wheeler segment also surged, with domestic sales touching 21,64,276 units, reflecting 14.

Within this segment, scooters and motorcycles led the growth, increasing by 22.3 per cent and 11.0 per cent, respectively, compared to October 2023.

However, registrations for the three-wheeler segment on the VAHAN portal showed an 11 per cent increase compared to last October.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Passenger vehicles sales October 2024 Siam Personal mobility solutions Three-wheeler sales decline Festive demand automotive sales Rajesh Menon Motorcycle sales growth VAHAN portal data Two-wheeler sales growth Dussehra and Diwali impact Scooter sales growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 12:15:58 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23566913

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