Revving Up: Surge in Vehicle Dispatches
The Society of Indian Automobile Manufacturers (SIAM) reported a 4% year-on-year increase in passenger vehicle dispatches in September, totaling 372,458 units. Two-wheeler sales also witnessed a 7% rise, reaching 21,60,889 units. This growth highlights an upward trend in the automotive industry for the month.
- Country:
- India
Passenger vehicle dispatches from manufacturers to dealers saw a 4% increase year-on-year in September, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Wednesday. The industry body reported a total of 3,72,458 units dispatched last month, compared to 3,56,752 units during the same period in 2024.
In addition to passenger vehicles, two-wheeler sales also experienced an uptick, with a 7% rise year-on-year, amounting to 21,60,889 units sold last month. This growth comes as a positive indicator for the automotive sector, reflecting increased consumer demand and market resilience.
The uptick in both passenger vehicle and two-wheeler sales underscores a robust performance by the automotive industry, as manufacturers continue to navigate challenges and capitalize on opportunities in the market. The figures indicate a positive outlook for the industry's future trajectory.
Google News