Passenger vehicle News

FADA said that July is likely to witness mixed fortunes driven by agrarian tailwinds and school reopenings, yet tempered by seasonal headwinds, elevated price points and liquidity constraints. 

Tata Motors expects CNG car sales to increase by 20 percent Chandra noted current diesel car sales across its portfolio stands at 15 percent Company is focusing on hatchback and compact sedan segments for expansion of CNG model

The industry produced a total 7,215,513 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-June 2019 as against 8,064,744 in April-June 2018, registering a de-growth 10.53 percent over the same period last year.

Alto on the other hand moved to second spot with 23,371 units last month from first position in the corresponding month last year, when it sold 26,009 units.

Passenger vehicle sales in India are poised to cross the three million units milestone this fiscal as new models and compact SUVs serve pent up demand from customers with better disposable incomes in both urban and rural areas.

Country's largest car manufacturer Maruti Suzuki, which recently made entry into the commercial vehicle segment, will launch its first LCV 'Super Carry' across the country in phases.

Maruti Suzuki India maintained its leadership position in the domestic passenger vehicle (PV) market in October with four of its models featuring in the top 10 selling brands last month.