Passenger Vehicles sales may decline in August 2024, two-wheeler sales expected to increase
Wholesale sales are expected to be higher than retail sales due to inventory build-up by dealers ahead of the upcoming festive period. Passenger vehicle segment sales in the domestic market are expected to decline marginally by about 3%. Overall, the report suggests that the automobile industry will see a mix in sales in the month of August of FY 2024-25.
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