Passenger vehicle sales likely to be flat in FY25 over 4.2 mn units last yr

Quick Summary:

While OEMs are upbeat on the upcoming festive season sales, analysts peg the overall growth in PV sales for FY25 to be flat at 0.

Passenger vehicle sales likely to be flat in FY25 over 4.

The April-July period shows a stark contrast in growth rates, dropping from 33.2 percent in 2022 to 8 percent in 2023, and further down to just 2 percent in 2024,” Bhatia told Business Standard.See chart.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Mahindra and Mahindra SUV car Maruti Suzuki CNG vehicle Passenger vehicles Car sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-11 @ 14:44:09 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 843 words

Reading Time: 5 minutes read

Sentences: 10 lines

Sentence Length: 85 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 22012780

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 109 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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