PASSENGER VEHICLE (PV) despatches from companies to their dealers grew 4% year-on-year (y-o-y) in November even as retail volumes during the same month declined by 14%.
Industry body the Society of Indian Automobile Manufacturers (SIAM) said that total domestic volumes during the reporting month stood at 347,522 units, which was the best-ever for November.
The average inventory days for the PV segment came down to 65-68 days at the start of this month from 85-90 days, as per dealers, but they added that the stock was still high for December as dealers struggle to bring down the inventory since buyers typically push their purchase to the new year.
هذه القصة مأخوذة من طبعة December 14, 2024 من Financial Express Lucknow.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 14, 2024 من Financial Express Lucknow.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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