India's passenger vehicle retail sales increase by 14 pct in March
STORY: India's passenger vehicle retail sales increase by 14 pct in March
DATELINE: April 5, 2023
LENGTH: 00:01:28
LOCATION: New Delhi
CATEGORY: ECONOMY
SHOTLIST:
1. various of the India gate
2. various of a two-wheeler showroom
3. various of a four-wheeler showroom
4. various of traffic
STORYLINE:
Passenger vehicle retail sales in India increased by 14 percent year-on-year in March, said the Federation of Automobile Dealers Association (FADA), India's top body of the automotive retail industry.
According to the latest data released by the FADA on Tuesday, two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles grew by 12 percent, 69 percent, 14 percent, and 10 percent, respectively, while tractors grew by 4 percent.
Although the two-wheeler segment demonstrated growth over the same period last year, it remains significantly below pre-pandemic levels, indicating that rural India is still bearing the burden of high inflationary costs.
"The three-wheeler segment achieved record-high reta
- Product Code
- ILEA001259595
- Registered date
- 2023/4/05 00:00:00
- Credit
- Xinhua / Kyodo News Images
- Media source
- Xinhua News Agency.All Rights Reserved
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