auto news desk,The world is in the grip of recession. Its effect is being seen in India as well, but not as much as other countries around the world are experiencing. You can gauge India’s growth from the fact that there was a record increase in the sale of luxury cars even in that period. Luxury carmaker Audi India’s sales more than doubled to 1,950 units in the January-March quarter of the current calendar year. In the first quarter of last year, the company sold 862 vehicles. Balbir Singh Dhillon, head of Audi India, said in the statement that our product portfolio currently includes 16 models. The strongest of these is the SUV portfolio, which accounts for over 60% of the company’s total sales.
There is a demand for these cars
He added that the recently launched Q3 and Q3 Sportback are in great demand across the country. Audi A4, A6, A8 L, Q3, Q3 Sportback, Q5, Q7, Q8, S5 Sportback, RS5 Sportback, RS Q8, e-tron 50, e-tron 55, e-tron Sportback 55, e-tron in the Indian Market The GT and RS sell the e-tron GT model. Let us tell you that the sales of Volvo cars have also increased. Volvo Car India sold 544 units between January and March this year, a growth of 38% over the same period last year. The company had sold 393 units between January and March last year. The biggest contributor to the increase in sales was the XC60, which grew by 27 per cent, the company said in a statement. The locally produced all-electric XC40 sold 138 units during the period, accounting for 25% of total sales. Jyoti Malhotra, Managing Director, Volvo Car India said, “The 38 per cent growth in sales reaffirms the strong customer interest in our premium vehicle offerings. The company is confident that the results will be even better in the days to come. He added that a new electric model will be launched every year.
450 cars are sold every hour
Showrooms across the country sell 450 cars every hour, while automakers sell more than 11,000 cars a day. Retail sales of passenger vehicles (PV) in the country rose 14% year-on-year to 3,35,266 units in March due to a rise in supplies of electronic components. The Federation of Associations of Vehicle Dealerships (FADA) gave this information on Tuesday. Passenger vehicle registrations in the domestic market last month stood at 3,35,266 units. By March 2022, this number is 2,93,016 units.