Top 10 PVs in October 2020 | Swift reigns supreme, Baleno breezes in at No. 2, three SUVs make their charge felt
With October being a month of festivities, OEMs seem to have benefited from a fair amount of pent-up demand even as they pumped up the volumes at their dealers across the country.
October was a month of festivities and the passenger vehicle (PV) segment saw sales light up by notching 14.19% year on year to 310,294 units. This number can also be attributed to OEMs pumping up the volumes at their dealers across the country in anticipation of sales and pent-up demand coming to fruition. Nonetheless, the cumulative April-October 2020 depict the troubled state of the PV industry – 1,190,260 units which are 25.84% down on year-ago sales.
While passenger cars clocked 182,692 units for 9.68% YoY growth, the real push came from utility vehicles which, with 113,990 units, notched robust ...
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