PV sales growth witness moderate growth in H1 at 6.88%
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)

PV sales growth witness moderate growth in H1 at 6.88%

Passenger vehicles (PV) sales grew at a moderate 6.88 per cent in the first half of 2018-19 hit by a slump in July-September that prompted auto makers body SIAM to take a conservative outlook for the fiscal signalling a slowdown in the sector. PV sales contracted by 5.61 per cent in September -- the biggest monthly slump in this fiscal -- marking the third straight month of decline. In total, PV sales dropped by 3.6 per cent in July-September 2018 after a stellar 20 per cent growth in the April-June quarter. Sales dropped 2.71 per cent in July followed by a 2.46 per cent contraction in August. The Society of Indian Automobile Manufacturers (SIAM) contained its growth forecast for 2018-19 to 9 per cent from earlier spread of 9-11 per cent. Passenger vehicle sales during the April-September period stood at 17,44,305 units as against 16,32,006 units in the year-ago period, showing a moderate growth of 6.88 per cent largely backed by new launches and rural demand. In the first half of the

Read on the original site


RSS takes out route march

- news.statetimes.in

Drug peddler nabbed with Charas

- news.statetimes.in

Woman slips to death

- news.statetimes.in

Deliberate defiance?

- business-standard

Night kabbadi tournament begins

- news.statetimes.in

The Strategist Quiz (# 584)

- business-standard

Truth is same in all faiths

- news.statetimes.in

Global Hunger Index and India

- news.statetimes.in
Hashtags:   

sales

 | 

growth

 | 

witness

 | 

moderate

 | 

growth

 | 

88%

 |