Domestic passenger vehicle (PV) wholesales in November rose by 3.9 per cent year-on-year (Y-o-Y) to 335,354 units, driven by strong festival sales and increased production amid improved availability of semiconductor chips.
Wholesales of India's four leading twowheeler companies Hero MotoCorp, Honda Motorcycle and Scooter India (HMSI), TVS Motor, and Bajaj Auto meanwhile, grew between 19 per cent and 77 per cent Y-O-Y, mainly on account of good festivalseason demand. These companies together have about 80 per cent share of India's twowheeler market.
Hero MotoCorp said it was expecting demand to remain healthy in the coming months, given favourable economic indicators, positive consumer sentiment, and the ongoing marriage season. India's largest twowheeler maker recorded retail sales of over 1.4 million units - its highest ever festival-season numbers during the 32-day period from the first day of the Navaratri to Bhai Dooj this year.
この記事は Business Standard の December 02, 2023 版に掲載されています。
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この記事は Business Standard の December 02, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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