Passenger Vehicle Sales Dip In November, See Fourth Monthly Decline Since July

Passenger Vehicle Sales Dip In November, See Fourth Monthly Decline Since July

Domestic passenger vehicle sales declined in November, the fourth monthly decline since July, as spike in interest rates and high fuel prices crimped consumer demand. According to the latest data released by Society of Indian Automobile Manufacturers (Siam), passenger vehicle (PV) sales in November stood at 2,66,000 units as against 2,75,440 units in the year-ago month, down 3.43 percent. PV sales had risen 1.55 percent in October, snapping three months of consecutive decline. In July, August and September PV sales have declined by 2.71 percent, 2.46 percent and 5.61 percent,…

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Honda CB300R Launch in India Confirmed, Bookings Open for Rs 5000

Honda CB300R Launch in India Confirmed, Bookings Open for Rs 5000

Honda Motorcycle & Scooter India confirmed that the Neo Sports Café inspired– Honda CB300R will be launched in India. The CB300R will be available for sale through the Completely Knocked Down (CKD) route for the Indian market. The CB300R will be available in two colors – Matte Axis Gray Metallic and Candy Chromosphere Red. Honda has opened bookings for the CB300R across India for Rs 5000. Commenting on the announcement, Yadvinder Singh Guleria, Senior Vice President – Sales and Marketing, Honda Motorcycle and Scooter India Pvt. Ltd. said, “Driven by…

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