Riding on overall economic growth, especially in the rural markets, the Indian automobile industry saw a robust performance across all segments in the first quarter of the current fiscal (FY25), including passenger vehicles, commercial vehicles, three-wheelers, and two-wheelers, data released by the Society of Indian Automobile Manufacturers (SIAM) said on Friday.
In the passenger vehicles segment, sales surpassed one million units in Q1 FY25 for the first time.
According to SIAM,...
Automobile sales jump in Q1 FY25 over economic growth, rural demand: SIAM
