Passenger vehicle wholesales in slow lane
The Free Press Journal|June 02, 2024
Passenger vehicle wholesales in India witnessed a marginal growth in May on account of high base effect and muted demand due to general elections.
Passenger vehicle wholesales in slow lane

The overall passenger vehicle dispatches from companies to dealers stood at 3,50,257 lakh units last month as compared to 3,35,436 in the same month a year ago, registering a growth of 4 per cent.

Maruti Suzuki India (MSI) said its total domestic passenger vehicle sales rose marginally to 1,44,002 units last month from 1,43,708 units in the year-ago period.

The company saw year-onyear dip in sales of entry level and compact cars last month as against May 2023.

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