Domestic car sales rise 24% in June on tax cuts and demand
pre-market1 source ↓written by the desknot a recommendation
- in June
- 24%
- dispatched
- 400,000 units
- following increases
- 27%
- in April
- 25%
- 67%
Domestic car sales surged 24% in June, reaching around 400,000 units dispatched, driven by tax cuts, lower interest rates, and strong consumer demand. This marks the third consecutive month of double-digit growth, following increases of 27% in May and 25% in April. Key players like Maruti Suzuki, Tata Motors, and Mahindra & Mahindra saw sales growth of 24%, 67%, and 28%, respectively. 📈
Not investment advice. For informational purposes only.