New Delhi, July 12 (HS). Wholesale sales of passenger vehicles (PV) in the country increased by three percent year-on-year to 3,37,757 units in June. Wholesale sales of passenger vehicles stood at 3,27,788 units in June last year.
The Society of Indian Automobile Manufacturers (SIAM) said in data released on Friday that wholesale sales of passenger vehicles grew by three percent to 3,37,757 units in June. Wholesale sales of passenger vehicles stood at 3,27,788 units in June 2023 last year. According to the data, wholesale sales of two-wheelers grew by 21 percent to 16,14,154 units in June 2023, while it was 13,30,826 units in June 2023. According to SIAM, wholesale sales of three-wheelers grew by 12 percent to 59,544 units in June this year, while it was 53,025 units in June 2023.
The Society of Indian Automobile Manufacturers (SIAM) is a non-profit apex national body that represents all major vehicle and vehicle engine manufacturers in the country.