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India logs 9.1% jump in automobile sales in 2024 with growth in most segments

Retail automobile sales in India grew 9.1 per cent in 2024 to 2.61 crore units, defying multiple headwinds like extreme weather, elections, and uneven monsoons. Segment-wise, two-wheeler sales grew 10.7 per cent, three-wheelers 10.4 per cent, passenger vehicles 5.1 per cent and tractor 2.5 per cent segments posted growth, while commercial vehicles remained nearly flat …