SIAM data

Passenger vehicle sales in India fall for second straight month in August

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Passenger vehicle sales in India fall for second straight month in August

Sales of passenger vehicles in the local market fell for the second straight month in August, on a high base, and with carmakers curtailing dealer dispatches to rationalise record-high inventory levels. According to data available work industry body Society of Indian Automobile Manufacturers (SIAM), 352,921 cars, sedans and utility vehicles were dispatched from factories to … Read more

India PV auto sales: Domestic PV wholesales dip 2.3% at 3,41,510 units in July: SIAM

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India PV auto sales: Domestic PV wholesales dip 2.3% at 3,41,510 units in July: SIAM

Passenger vehicle wholesales in India declined 2.5 per cent year-on-year to 3,41,510 units in July, impacted by high base effect as well as companies reducing vehicle dispatches to dealers amid moderation in demand. The overall passenger vehicle (PV) dispatches from companies to dealers stood at 3,50,355 units in July 2023, automobile industry body SIAM said … Read more