Highest ever PV sales – both for first half of the year as well as second quarter – was driven by demand for SUVs, says Society of Indian Automobile Manufacturers.
According to experts, fresh demand & healthy stocks at dealerships now driving up sales. This year, industry expects to sell over one million units — its highest in festival season.
The commercial vehicles segment also saw an uptick in sales, with industry leaders Ashok Leyland and Eicher Motors posting 5% and 6.5% rise respectively.
Maruti has seen overall market share dented due to lack of SUV products. It hopes new lineup, including new Brezza variant, Grand Vitara & upcoming models, will pick up the slack.
With demand high during festive season, sales doubled to 3,07,389 units from a year ago, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
Production and inventory levels are up. However, traders expect this season to see change in purchase patterns amid the pandemic and missing Chinese goods.
The recent resignations of its seniormost judges are among the most pointed institutional protests Pakistan has witnessed since the lawyers’ movement of the late 2000s.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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