Retail sales stood at 75,165 units, down 4.3% YoY, led by weak freight demand and tight financing.
Tata (–11.6%) and Mahindra (flat) saw declines, while Ashok Leyland (+0.9%) and Force Motors (+27%) gained.
Segment trends: LCV ▼ 3.2%, HCV ▼ 7.1%, MCV ▲ 6.5%
Race Editoriale LLP considers its sources reliable and verifies as much data as possible. However, reporting inaccuracies can occur, consequently, readers using this information do so at their own risk.
While every effort has been made to ensure that information is correct at the time of publishing, Race Editoriale LLP cannot be held responsible for the outcome of any action or decision based on the information contained in this publication.
© Race Editoriale LLP 2024. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form without prior written permission of the publisher.
Permission is only deemed valid if approval is in writing. Race Editoriale LLP by all rights to contributions, text, and images, unless previously agreed to in writing.