Reaction quote from Sridhar V, Partner, Grant Thornton India LLP – on SIAM data:
“Auto sector applied brakes to reduce inventory at the dealership end for a smooth transition to GST era. Pre GST discount sales were very much evident to enable the disposal of vehicles before June end. With the prices coming down for most category of vehicles, sales in the post GST period is expected to strengthen.”
02 March 2017 As the manufacturing and automotive sector across the globe is getting ready for the fourth industrial revolution – Industry 4.0, India is also gearing up for this change. The country is certainly […]
Production The industry produced a total 4,675,407 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-May 2017 as against 4,313,445 in April- May 2016, registering a growth of 8.39 percent […]
Auto Industry Sales Performance of October & April-October 2020 Monthly Performance: October 2020 Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of October 2020 was 2,830,153 units, […]
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