Automobile Sales Pick up Speed…

↘ Automobile sales to dealerships staged a recovery in June, led by passenger vehicles, due to easing of lockdown restrictions in various states as India exits the second Covid-19 wave ↘ Automakers sold 2,31,633 passenger vehicles, a jump of 163 per cent over May and 119 per cent over June 2020 ↘ On a sequential basis, two-wheeler volumes tripled in June, while they doubled for tractors as well as commercial vehicles, and grew nearly 7.5 times for three-wheelers Sequential numbers compared to May; Source: SIAM…

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Business Today (Digital) - 1 Issue, 22-Aug-21

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