CosmicTaco
CosmicTaco

Auto Sales Slump in August

  • Passenger Vehicle (PV) and Commercial Vehicle (CV) sales declined YoY in August.
  • Domestic two-wheeler sales slightly exceeded expectations, but export demand remained flat.
  • Electric two-wheeler segment saw strong growth due to new launches.
  • Maruti Suzuki and Tata Motors reported declines in PV volumes, while Mahindra & Mahindra saw an increase.
  • Tractor sales remained stable YoY, with uneven rainfall affecting projections.
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15mo ago
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