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PASSENGER VEHICLE SALES ARE ANTICIPATED TO SURPASS 10 LAKH

The Business Guardian

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August 14, 2023

Domestic passenger vehicle sales are expected to cross 10 lakh mark in the festive period this year with demand remaining robust

PASSENGER VEHICLE SALES ARE ANTICIPATED TO SURPASS 10 LAKH

The Society of Indian Aupassenger car wholesales in India surpassed the ten lakh mark for the first time in the third quarter of this year as automakers pushed units to dealers to meet holiday demand. According to the Society of Indian Automobile Manufacturers' (SIAM) most recent statistics, wholesale sales of passenger vehicles climbed by 38% to 10,26,309 units in the third quarter of this year compared to 7,41,442 units in the same period of the previous year.

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