PV sales drop in July amid softening demand

Amid softening demand in the domestic market, Maruti Suzuki India Friday reported a marginal increase in vehicle dispatches to dealers in July while Tata Motors and Hyundai Motor India saw their sales dip.

- 

Other major players Mahindra & Mahindra and Kia India reported double digit and single digit year on year growth respectively in vehicle dispatches last month.

Maruti Suzuki India (MSI), the country's largest carmaker, reported dispatch of 1,37,776 passenger vehicles in July, a marginal increase from 1,37,463 units in the year-ago period.

The company said sales of mini segment cars, comprising Alto and S-Presso, declined to 6,822 units against 9,960 units in July 2024.

Sales of compact cars, including Baleno, Dzire, Ignis, and Swift, however increased to 65,667 units from 58,682 units a year ago.