31 Oct , 2022 By : Monika Singh
The automobile industry witnessed double-digits sales growth in the final week of this festive season. Sales of electric and petrol/CNG vehicles outperformed sales of other fuel-type vehicle segments.
The festive-season trend underscores strong passenger vehicle demand and raises hopes of a two-wheeler and tractor demand recovery.
However, sustaining the demand momentum, especially for two-wheelers, will be crucial after the festive period for it to be really called a recovery, a report from BNP Paribas notes.
0 Comment