'PV sales rise 10% in July on new launches, enhanced discounts'
The Free Press Journal|August 06, 2024
Passenger vehicle retail sales in India witnessed a 10 per cent on-year jump in July driven by new model launches enhanced and discounts, industry body FADA said on Monday.
'PV sales rise 10% in July on new launches, enhanced discounts'

Total passenger vehicle retail sales rose to 3,20,129 units in July, as compared to 2,90,564 units in July 2023.

"Dealers reported benefits from good product availability, attractive schemes, and a wider range of products," the Federation of Automobile Dealers Associations (FADA) Vice President CS Vigneshwar said in a statement.

Heavy rains, low consumer sentiment, and intense competition posed challenges but dealers managed to sustain sales through strong promotions and incremental discounts, he added.

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