INDIA SALES: Top 10 Passenger Vehicles in October 2016
Riding the festive season wave and the upbeat sentiment due to a better-than-expected monsoon this year, most PV manufacturers reported record despatches to meet growing demand.
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October 2016 saw the Indian passenger vehicle (PV) industry scale new heights as sales grew the fastest in 55 months to cross 280,000 units during the month.
Riding the festive season wave and the upbeat sentiment due to a better-than-expected monsoon this year, most PV manufacturers reported record despatches to meet growing demand.
The stronger festive demand has come on the back of the payouts of the Seventh Pay Commission, a marked improvement in consumer buying trends from rural India, following a good monsoon season, new models and a high level of discounting on older models.
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