Passenger vehicles wholesales up 44.6% in July
The Hindu
For two-wheeler makers, the exports more than doubled to over 3.77 lakh units.
The wholesale dispatches of passenger vehicles in the domestic market were up 44.6% in July 2021 amid a challenging and uncertain business environment, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday. As per the data shared by the industry body, the passenger vehicle (PV) sales grew to over 2.64 lakh units last month as against about 1.82 lakh units in Jule 2020. The sales last month were also up 39% compared to pre-COVID July 2019 sales of about 1.90 lakh units. Within PVs, car sales grew 26.% to about 1.30 lakh units, sales of utility vehicles and vans increased 73.7% to over 1.24 lakh units and 19.5% to 10,305 units, respectively.
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