Passenger Vehicles wholesales up 14% in January at 3.9 lakh+ units - Times of India

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Passenger Vehicles wholesales up 14% in January at 3.9 lakh+ units

NEW DELHI: Passenger Vehicles (PV) sales in India kicked off on a strong note in 2024 with wholesales rising 14% year-on-year to 3,93,074 units last month, the best-ever figure for Jan, driven by robust demand for utility vehicles, industry body Siam said on Wednesday.
As per the data issued by the Society of Indian Automobile Manufacturers (Siam), dispatches of passenger vehicles from manufacturers to dealers stood at 3,46,080 units in Jan 2023. Two-wheeler wholesales rose 26% to 14,95,183 units last month.

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