Domestic PV sales marginally up amid high base, elections
Business Standard|May 02, 2024
Domestic passenger vehicle sales in April rose by only 1.76 per cent year-on-year (Y-oY) to 338,341 units, impacted by a high base effect, the ongoing general elections and low demand for small cars.
DEEPAK PATEL
Domestic PV sales marginally up amid high base, elections

"We have started on a very high base this year, considering the industry numbers. Other thing is that the country is going through the election process. So, there is a code of conduct. Till the month of June, things (sales) would be more or like this. After June, you may see a revival in the market," said Partho Banerjee, senior executive officer, Marketing & Sales, Maruti Suzuki India Limited (MSIL) at a press conference.

The general elections are being conducted in seven phases, with counting scheduled for June 4. In April 2024, MSIL's domestic PV sales saw a modest year-on-year increase of just 0.5 per cent, totalling 137,952 units.

هذه القصة مأخوذة من طبعة May 02, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 02, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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