40% surge in car deliveries during festive season fuels strong demand

India witnessed a 40% surge in car deliveries this festive season, driven by strong demand for light motor vehicles like cars and SUVs. Despite an overall modest growth in the passenger vehicle sector, consumer preference shifted significantly towards four-wheelers, especially in major cities.

Nov 4, 2024 - 15:30

40% surge in car deliveries during festive season fuels strong demand

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India witnessed a 40% surge in car deliveries this festive season, driven by strong demand for light motor vehicles like cars and SUVs. Despite an overall modest growth in the passenger vehicle sector, consumer preference shifted significantly towards four-wheelers, especially in major cities.