Automobile companies dance with the tune of monsoon
DSIJ Intelligence / 03 Oct 2016
Overall automobile manufactures have been witnessing positive gain owing to ample amount of economic recovery in Indian context, good amount of monsoon in FY17, traction in agricultural activities in the country.
Overall automobile manufactures have been witnessing positive gain owing to ample amount of economic recovery in Indian context, good amount of monsoon in FY17, traction in agricultural activities in the country.
During the month of September, 2016, automobile manufacturers witnessed a speedy volume growth of 21 per cent. The positive momentum has been growing among buyers on the occasion of the upcoming festival season. Out of ten companies, six companies delivered sales of higher numbers. Meanwhile four companies had given diminishing numbers.
Automobile manufactures tried to grab buyers' attention by thriving volume in the newly launched vehicles. Maruti Suzuki has introduced special editions of Alto and Swift after experiencing market performer, Baleno. Tata Motors is achieving success of Tiago. Hero Motocorp also launched Splendor iSmart 110 – the first motorcycle completely designed and developed in-house.
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