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.
Denne historien er fra December 16, 2024-utgaven av Millennium Post Delhi.
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Denne historien er fra December 16, 2024-utgaven av Millennium Post Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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