Auto majors back retail sales numbers, SIAM to stick with wholesale

Experts said retail numbers reflect the mood of the consumers while wholesale numbers amount to companies maximising billing, building inventory and getting a better market share. In April- July, passenger vehicle retail sales have been at 4.25 lakh units versus wholesale figure of 3.51 lakh units.

from Auto-Industry-Economic Times https://ift.tt/30V2Yg7