Follow us
Festive cheer allays Auto Inc's stock worries, sets new records
India’s auto sector takes a sign of relief after October sees strong pick-up in sales, easing fears of an inventory pile-up.
08 Nov 2024
5178 Views
Share -
Festive offers by PV manufacturers
Until a few months back, India's automotive industry was navigating a challenging period, with showrooms quieter than usual and dealers across the country grappling with ballooning stock levels. Then came October and with it, a shift that jolted the market back to life.
The festive season—arriving weeks earlier than the previous year—has taken monthly vehicle registrations to unprecedented levels. According to Vahan, the government-run vehicle registration portal, October 2024 saw an astonishing 478,450 car registrations—the highest monthly figure on record. This is a significant leap from the previous high of 399,112 units set in January 2024. The average daily ...
RELATED ARTICLES
Upping the Game: Tata Motors' Investment Plan for EVs, Hatchbacks and Capacity Expansion
Kiran Murali
09 Jul 2026
Tata Motors has big plans for its passenger vehicle business, with product launches lined up across segments, new capaci...
How Mercedes-Benz's Bengaluru Hub Ended up Driving its Global Software Backbone
Ketan Thakkar
07 Jul 2026
Mercedes-Benz’s global technology chief says Bengaluru is playing an increasingly central role in software, infotainment...
Beyond E20: How Geopolitical Crisis and an Industry Standstill Forced India to Redraw its Ethanol Roadmap
Shahkar Abidi
02 Jul 2026
As Brent crude spiked past $119 a barrel, India fast-tracked E22-E30 certification in weeks, reviving a Rs 50,000-crore ...
