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ET Markets - Industry 39d ago
Car sales sail smooth despite war woes; Auto cos log double-digit growth on Maruti, TaMo surge; two-wheeler & CVs also in fast lane
Indian car sales surged significantly in May. Maruti Suzuki and Tata Motors reported robust growth. Two-wheeler sales also saw double-digit increases. Despite global challenges, consumer demand remained strong. This positive trend extended to utility vehicles and electric vehicles. Farm equipment sales also performed well. The automotive sector shows resilience and continued momentum.
AMBAAUTOCONSUMERGLOBALINDOFARMMARUTIMOMENTUMSAILTATACONSUMTATATECHTMCVTMPVVICTORYEVAutomobile and Auto ComponentsCapital Goods