![]() ![]() India’s factory growth softened slightly in June but stayed strong “Dealers indicated that demand is mainly driven by new models, while older models and the entry segment continue to remain laggards,” Antique Stock Broking said in a note. ![]() The country’s top carmaker by volume Maruti Suzuki India’s overall domestic PV sales rose 8.5% year-on-year to 133,027 units. BENGALURU: Indian automakers posted a rise in passenger vehicle (PV) sales in June, aided by demand for new models, while premium two-wheeler makers saw sales growth on steady urban demand.Īuto sales numbers are keenly watched as they are a key indicator for assessing private consumption, which has more than 50% weightage in calculating the country’s economic growth. ![]()
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