As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales increased by 3% to 337,757 units last month, compared to 327,788 units sold in the same period a year earlier. Sales were driven largely by utility vehicles which now account for 63% of all vehicles sold in the country, SIAM said, indicating continued shift in consumer preference away from hatchbacks and sedans.
This story is from the July 14, 2024 edition of The Business Guardian.
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This story is from the July 14, 2024 edition of The Business Guardian.
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