Page 10 - Passenger Vehicles
Riding on new launches, auto sales extend momentum in April
Estimate passenger vehicles sales to grow 8-9 per cent in the current financial year, provided monsoon plays out well, said Subrata Ray, analyst with ICRA
 "Riding on new launches, auto sales extend momentum in April")
Passenger vehicle industry: India made four million cars in FY18
India was projected to become third-largest PV market by 2020; it stood fifth in 2017 after China, US, Japan, Germany
 "Passenger vehicle industry: India made four million cars in FY18")
With 9% growth, India scores over top car markets globally in 2017
Data showed that except for India and Japan, sales in most top countries have either moderated or at best remained flat in 2017
 "With 9% growth, India scores over top car markets globally in 2017")
India 2nd fastest growing market for passenger vehicles globally
India stood at 29,66,637 units in 2016 as against 27,72,270 units in 2015
 "India 2nd fastest growing market for passenger vehicles globally")
Passenger vehicle sales may grow up to 9% in 2017: Fitch report
Increase in auto sales would also strengthen India's GDP growth, touted at 6.9% at FY16 and 7.7% in FY17
September car sales may surge 14-15% on festive demand
This will be the third consecutive month of a double digit volume growth
 "September car sales may surge 14-15% on festive demand")
Is India a crowded car market?
Why every car maker wants a pie of the 3-million unit Indian market
 "Is India a crowded car market?")
Car sales slide for fifth month in 2016, dip 0.8%
Most segments of auto industry report growth in May
 "Car sales slide for fifth month in 2016, dip 0.8%")
FY17 passenger vehicle sales growth to be 6-8%
Siam revises projections due to infrastructure cess, concerns around diesel cars
 "FY17 passenger vehicle sales growth to be 6-8%")
