Friday, August 1, 2025

After two-month slide, auto industry steadies for festive jumpstart

Passenger vehicle sales in India experienced a marginal 1% increase in July, signaling a slight recovery after two months of decline, despite persistent sluggish consumer demand. Automakers are cautiously optimistic about sales growth during the upcoming festive season, particularly with Onam. Maruti Suzuki and Hyundai experienced varied sales performances, but anticipate increased demand as the festive season begins.

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

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