Drop in sales of utility vehicles despite recent launch of new models XUV300 and Venue
In July, passenger car sales plunged 36% to 122,956 units, while utility vehicles recorded a 15% drop to 67,070 units. Vans suffered a 46% decline to 10,804 units. Industry body Siam releases wholesales, or factory dispatches, of automobiles, and not retail sales. The drop in sales came despite the recent introduction of models such as Mahindra and Mahindra Ltd’s XUV300, {{RelevantDataTitle}}