Auto sales stay negative: Bumper discount deals fail to ring in happy end to year 2024
Millennium Post Delhi|December 16, 2024
Over 800,000 new cars worth Rs 2 lakh crore are gathering dust in stockyards, a gnarly symptom of the bad times afflicting the Indian automobile industry
RAJEEV NARAYAN
Auto sales stay negative: Bumper discount deals fail to ring in happy end to year 2024

NEW DELHI: Over 800,000 brand-new cars worth nearly Rs 200,000 crore are gathering dust in massive stockyards on the outskirts of cities, and the numbers are growing. Sales of two-wheelers and three-wheelers have also shown a negative trend in November 2024, with only 'Total Passenger Vehicles Sales' figures ringing in some good news with 4.41 per cent growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

The data shared by SIAM shows that November 'Passenger Car' sales fell YoY to 97,186 units, down 5.24 per cent compared to the 102,558 units sold in November 2023. Two-wheeler sales, which often come to the rescue, didn't manage a turnaround this year, notching up sales of 16,04,749 against 16,23,399 units registered last November, a fall of 1.15 per cent. Three-wheeler sales were disappointing as well, falling 1.32 per cent to 59,350 units this November compared to 60,143 units last year.

この記事は Millennium Post Delhi の December 16, 2024 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。

この記事は Millennium Post Delhi の December 16, 2024 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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