Monday, September 11, 2023

India's PV sales increase to highest-ever level in August

Sales of passenger vehicles in India reached a record high last month, driven by strong demand for sports utility vehicles. However, the wholesale volumes of entry-level cars and motorcycles remained weak due to pressure on consumers' disposable income. The Society of Indian Automobile Manufacturers reported that 359,228 passenger vehicles were sold in August, a 9.4% increase compared to the same period last year.

from Auto-Industry-Economic Times https://ift.tt/3HQ9ECu

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