Automobile companies ended the year on a high note, registering a strong double-digit growth in the month of March compared to the same period last year as rural demand continued to grow. Sales were also robust due to festivals like Gudi Padwa and Navratri, when people generally prefer to make their bookings. Tata Motors’ passenger vehicle sales in the month grew by 31 per cent in the month, owing to robust sales of its compact SUV Nexon. Among two-wheeler makers, Hero MotoCorp crossed the 75 lakh units sales mark in 2017-18 fiscal, becoming the first ever entity to achieve such a feat globally, a company official said. Royal Enfield, the two-wheeler division of Eicher Motors, today reported a 27 per cent jump in total sales to 76,087 units in March.

Source: Indian Express April 01, 2018 21:10 UTC