India’s auto retail slips 4.3%: Passenger vehicles, two-wheelers’ sales decline in July; tractor segment bucks trend with 11% growth
India’s vehicle retail sales experienced a 4.31% year-on-year decline in July, totaling 1.96 million units, attributed to weak consumer sentiment and a high base effect. While tractor sales surged by 11% due to favorable monsoon and farm subsidies, passenger vehicles and two-wheelers saw drops. Commercial vehicle sales remained nearly flat, influenced by heavy rainfall and deferred purchases.🕒 1 min read
India’s vehicle retail sales experienced a 4.31% year-on-year decline in July, totaling 1.96 million units, attributed to weak consumer sentiment and a high base effect. While tractor sales surged by 11% due to favorable monsoon and farm subsidies, passenger vehicles and two-wheelers saw drops. Commercial vehicle sales remained nearly flat, influenced by heavy rainfall and deferred purchases.
Continue Reading
- Gujarat Police Bans Public Shaming, Parading Of Accused In New Directive
-
Affair, Fake Case Threat: Madhya Pradesh Family’s Mass Suicide
- Gold rate today: Gold prices down Rs 3,200 per 10 grams in 15 days – how should you trade the yellow metal?
-
“I Can’t Breathe”: Video Shows UK Cops Handcuffing Teen Stabbed By Indian-Origin Man
- Israel-Iran tensions impact: Brent crude prices surge past $75; OMC stocks like IOC, BPCL crash up to 6%.
- India vs Afghanistan LIVE, One-Off Test Match Day 1: Yashasvi Jaiswal Hits 4 In 1st Over; India On Charge vs Afghanistan
- TOEFL 2026 Fees Explained: Registration Cost, Rescheduling Rules And Refund Policy
- Tax refunds scrutiny: CBDT flags wrongful claims; why high-value payouts are stuck-here’s what the IT department says
-
‘Educate Girls’ Becomes First Indian NGO To Win Ramon Magsaysay Award
-
‘On our toes over deficit’: FM Sitharaman in Rajya Sabha amid Middle East crisis, dismisses lockdown rumours
