Domestic PV sales growth flat in April due to high base effect
The Free Press Journal|May 02, 2024
Passenger vehicle sales in India kicked off on a flat note in new fiscal 2024-25 with 3.38 lakh units sold in April, impacted by high base effect and muted demand due to the ongoing general elections.
Domestic PV sales growth flat in April due to high base effect

Dispatches of passenger vehicles from manufacturers to dealers were at 3,38,341 units in April 2024 as compared to 3,32,468 units in the same month last year, a growth of 1.77 per cent with major players Maruti Suzuki India, Hyundai and Tata Motors reporting marginal growth in their domestic wholesales.

The flat growth witnessed in April is due to the high base that the industry had last year, coupled with the impact of ongoing general elections, Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee told reporters in a virtual interaction.

This story is from the May 02, 2024 edition of The Free Press Journal.

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This story is from the May 02, 2024 edition of The Free Press Journal.

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