India Sales: Top 10 Passenger Vehicles – July 2017 | A Maruti and Hyundai show of strength
As GST-driven price cuts help boost PV sales to a record high, the country’s largest carmaker further strengthens its stranglehold on the domestic market. The Vitara Brezza, Celerio and Hyundai Creta notch their best-ever monthly sales.
With GST-driven price reductions kicking in from July 1, it was a no-brainer that sales of passenger vehicles (PVs) in the month would accelerate, what with pent-up demand from June and huge bargain buys to be had, particularly in the SUV segment.
Overall PV sales in the month rose 15.12% to 298,997, just 1,003 units shy of the 300,000 mark, posting a new monthly highly for the domestic PV industry. This translates into 9,645 vehicles sold on each day. Maruti Suzuki India accounted for 153,298 of that overall PV industry total, or an overwhelming 51.27% of sales. Not surprising ...
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