Bolstered by new model launches, domestic passenger vehicle (PV) wholesale numbers edged up by 3.7 per cent year-on-year (Y-0-Y) to 340,784 units in June this year.
Despite the challenges posed by the Lok Sabha elections and widespread heat waves, PV sales a key indicator of private consumption rose 7.6 per cent to 2.168 million units in the first half of 2024, up from 2.015 million units in the same period in 2023. "Compared to June 2023, this year saw growth of only 12,000 vehicles. This increase has come from the launch of new models, which have come from our competition," stated Partho Banerjee, senior executive officer, marketing and sales at Maruti Suzuki India (MSIL), India's biggest carmaker, during a press conference. He also mentioned that passenger vehicle sales are expected to experience muted growth due to a higher base in the current financial year.
Bu hikaye Business Standard dergisinin July 02, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin July 02, 2024 sayısından alınmıştır.
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