Passenger Vehicle Sales Fall Marginally In July Amid Sluggish Demand

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motoring passenger vehicle sales fall marginally in july amid sluggish demand

Domestic passenger vehicle sales experienced a slight dip of 0.2% in July due to persistent sluggish consumer demand. Despite this, the industry witnessed strong growth in three-wheeler and two-wheeler segments. Automakers are cautiously optimistic about a sales rebound during the upcoming festive season, anticipating increased demand as the market stabilizes.