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May PV sales lowest since Dec
Financial Express Chandigarh
|June 07, 2025
Entry-level segment remains the worst hit
The number of registrations of new passenger vehicles (PV) in May fell to the lowest level since December as carmakers struggled to get buyers to showrooms while the overall unsold stock in the system continued to stay at elevated levels.
According to the Federation of Automobile Dealers Association (FADA), the PV segment saw sales decline by 3% year-on-year to 302,214 units in May. The segment's previous low was in December when 293,465 units were retailed.
Denne historien er fra June 07, 2025-utgaven av Financial Express Chandigarh.
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