Tailwinds of peppy Q1 should power Indian car sales to a record FY2023
With estimated sales of over 800,000 units in April-June, the best yet since Q1 FY2019, the Indian passenger vehicle industry could surpass the previous best of 3.3 million units in FY2019.
03 Jul 2022
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With estimated sales of over 800,000 units in April-June, the best yet since Q1 FY2019, the Indian passenger vehicle industry could surpass the previous best of 3.3 million units in FY2019.
July has dawned and brings with it the happy tidings of strong wholesales numbers from passenger car manufacturers, both in June and for the first quarter (April-June) of the fiscal year.
It’s the cause-and-effect relationship – a marked easing of supply chain issues, which have vexed OEMs for the past two-odd years, and enhanced reliability in availability of semiconductor chips means assembly lines are humming and dealer showrooms getting their share of what they – and the customer – want. What’s not to like?
The June 2022 sales numbers as announced by 10 of 16 PV manufacturers ...
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