April Surge: Vehicle Dispatches Accelerate with Stellar Growth
In April, domestic passenger vehicle dispatches to dealers increased by 25.4% year-on-year to 437,312 units. Total two-wheeler sales rose by 28.4%, while three-wheeler dispatches saw a significant 32.8% growth, according to SIAM, showcasing a notable rise in the vehicle sector.
Domestic passenger vehicle dispatches from companies to dealers surged by 25.4% in April, reaching 437,312 units compared to 348,847 units the previous year, as reported by industry body SIAM.
The statement from SIAM highlights a significant growth, reflecting a robust demand in the vehicle market.
Furthermore, total two-wheeler sales escalated by 28.4%, totaling 1,872,691 units, while three-wheeler dispatches increased by an impressive 32.8%, amounting to 65,668 units in the same period.
(With inputs from agencies.)
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