Sunday, September 1, 2024

Auto sales decline for second straight month in August

Passenger vehicle sales in India declined for the second consecutive month in August due to a high base and manufacturers reducing dispatches to balance dealership stock. About 350,000-355,000 vehicles were dispatched, marking a 1.7-3% drop from August 2023. Carmakers are hopeful for strong demand during the upcoming festive season.

from Auto-Industry-Economic Times https://ift.tt/GTQ9JNo

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