Base effect pushes up domestic PV sales in Aug

Low base effect along with pent up demand pushed India's domestic private vehicle (PV) sales higher on a year-on-year basis in August.
Representative Image
Representative Image
Updated on

New Delhi

However, challenges pertaining to electronic components' availability, coupled with high operating and ownership costs due to rising commodity prices capped the sales' uptrend. 

Accordingly, sales of passenger vehicles increased to 2,32,224 units in August as compared to 2,15,916 units sold during the corresponding period of 2020. 

On a sequential basis, August PV sales were lower than July's level of 2,64,442 units. 

The data furnished by the Society of Indian Automobile Manufacturers (SIAM) does not include sales figures from some key players such as Tata Motors. 

The PV sales data comprises cars, utility vehicles and vans.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Related Stories

No stories found.
X

DT Next
www.dtnext.in