Indian passenger vehicles market registered record wholesales of 4.3 million units in 2024, with companies such as market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales.
The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 4.11 million units posted in 2023.
"Last calendar year, it was close to 41,09,000 lakh units, while 2024 is around 43 lakh units. So, it is the growth of around 4.5% to 4.7%," Maruti Suzuki India Ltd (MSIL) senior executive officer, marketing & sales, Partho Banerjee said when asked about overall passenger vehicle wholesales in 2024.
Esta historia es de la edición January 02, 2025 de Mint Bangalore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 02, 2025 de Mint Bangalore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
America's TikTok ban will be President Trump's first big test
Trump has delayed action but will still have to abide by US law
Lumino Industries files DRHP for IPO
Conductors and power cables manufacturer Lumino Industries has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to raise ₹1,000 crore through an initial public offering (IPO).
'EU wants to firm up strategic India ties'
European Commission President Ursula von der Leyen on Tuesday said the first trip of her new Commission will be to India as she wants to upgrade the strategic partnership with \"the largest country and democracy\" of the world.
Sebi May Allow IPO Trade Pre-Listing To Cut Grey Mkt: Buch
In 2024, 91 large firms went public, raising a record ₹1.6 trillion, as per data from analytics firm Prime Database
The market is teaching retail investors some old lessons
Past patterns of investors getting swayed by narratives are evident. The lessons learnt are less so
Delhi govt delays new liquor plan
The Delhi government has postponed its plan to order liquor using a new sales-based points system after widespread objections from market players.
China vows to import more goods
Chinese vice premier Ding Xuexiang said China will expand its imports, hours after US President Donald Trump left the economy out of countries he's looking to hit with tariffs imminently.
Estate planning: A step-by-step guide to safeguard your legacy
How do I plan the smooth transition and safety of the estate that I have accumulated over my lifetime? -Name withheld on request
Why India Requires a New Fiscal Policy Framework After 2025-26
It'll afford the government more flexibility even if it's harder to track and the monetary policy framework may need to adapt
Post ceasefire with Israel, Hamas is effectively back in control in Gaza
After Israeli troops stood down when a cease-fire came into effect in the Gaza Strip, Hamas began sending thousands of its forces onto the streets to establish control.
