Passenger vehicle wholesales crossed the 10-lakh mark for the first time ever in the June quarter riding on the back of robust demand for utility vehicles, industry body SIAM said on Friday.
Total dispatches of passenger vehicles in the first quarter stood at 10,26,006 units, up 3 per cent as compared with 9,96,565 units in April-June FY24.
Utility vehicle sales rose 18 per cent to 6,45,794 units in the first quarter as against 5,47,194 units in the year-ago period. Dispatches of vans stood at 38,919 units as against 35,648 units earlier, an increase of 9 per cent.
Passenger cars however saw a dip of 17.51 per cent to 3,41,293 units from 4,13,723 vehicles in the June quarter of last fiscal.
“Utility vehicles accounted for 63 per cent of the overall passenger vehicles sales in the first quarter..we are witnessing a migration of customers from sedan segment to utility vehicles,” Society of Indian Automobile Manufacturers (SIAM) President Vinod Aggarwal told reporters here.
Denne historien er fra New Delhi 13July2024-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.
Allerede abonnent ? Logg på
Denne historien er fra New Delhi 13July2024-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.
Allerede abonnent? Logg på
New mpox case confirmed; Centre advises states to screen and test all suspect cases
A 26-yearold man from Hisar, Haryana, has tested positive for mpox following recent travel to a country experiencing transmission of the disease, the Union Health Ministry announced on Monday.
GST Council to finalise tax cuts on health, life insurance premiums in Nov, sets up GoM
Reduces GST on cancer drugs, pilgrimage helicopter rides and namkeens
MoD inks Rs 26,000 cr deal with HAL for 240 Su-30MKI engines
HAL will supply 30 aero engines per annum over the next eight years
Deepika and Ranveer welcome their BABY GIRL
They have openly expressed their eagerness for parenthood
England's World Cup-winning allrounder Moeen Ali retires from international cricket
England allrounder Moeen Ali has announced his retirement from international cricket, continuing the changing of the guard in the English game that has also seen fast-bowling greats Stuart Broad and Jimmy Anderson quit the sport over the past year.
Pacers shine as India B beat India A by 76 runs
KL Rahul's gumption, which helped him pile a patient fifty, found no resonance among his colleagues as India B pacers led by Yash Dayal pushed India A to a 76-run defeat on the fourth and final day of their Duleep Trophy match here on Sunday.
Randhir Singh becomes first Indian to be elected as OCA president
Veteran sports administrator Randhir Singh on Sunday became the first Indian to be elected as the president of the Olympic Council of Asia (OCA) during the 44th General Assembly of the continental body here.
Asian Champions trophy: India outclass China 3-0
India were slow off the blocks as China created an early counter attack opportunity but an alert Krishan Pathak saw the ball sail wide harmlessly
Aryna Sabalenka beats Jessica Pegula to lift US Open trophy
Aryna Sabalenka left the U.S. Open in tears 12 months ago as the runner-up.
Vedanta will progress from being asset manager to asset owner with demerger, says Anil Agarwal
The proposed demerger of Vedanta's diverse verticals that represent more than 15 commodities, will see the company progress from being asset managers to asset owners, Chairman Anil Agarwal has said.