Auto sales remain mixed in August: Passenger Vehicles, CV volumes drop, Electric two-wheelers see strong growth
Domestic PV sales witnessed a low single-digit YoY decline in August, driven by weak retail demand and elevated inventory levels of approximately 70 days at dealerships. Retail PV sales also recorded a mid-single-digit YoY decline during the month.
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Domestic PV sales witnessed a low single-digit YoY decline in August, driven by weak retail demand and elevated inventory levels of approximately 70 days at dealerships. Retail PV sales also recorded a mid-single-digit YoY decline during the month.
