[volkman10]

Auto sector gets back to pre-covid levels.



At 355,000 units, September best month ever for carmakers in India.

Importantly, despite the overall recessionary trends in India and also globally, consumers are making a beeline for the best deals in a market thronging with new models and scores of variants, available at multiple price-points.

The surging demand for SUVs, which now account for nearly one out of every two cars sold in India, is reflected in the new charge in the PV market. All OEMs, with a strong and fresh SUV product portfolio are firing on all cylinders. While the compact SUV segment remains high on the consumer radar, the growing demand for midsize SUVs is apparent. Meanwhile, there is also a smart uptick for executive sedans.

With cumulative April-September 2022 sales crossing the 1.84 million mark and the market momentum being strong in the coming six months of FY2023, India Auto Inc could be looking at best-ever annual sales of over 3.5 million units.


Link

[ajayc123]

Originally Posted by volkman10

Auto sector gets back to pre-covid levels.

Attachment 2363816

At 355,000 units, September best month ever for carmakers in India.

Attachment 2363815

Please bring back pre-covid prices and discounts as well.