Auto Wholesales in May 2023: PVs clock robust sales, 2Ws on growth path
According to industry estimates, the domestic PV sales volumes during May 2023 was the highest-ever for the month. It marked a YoY growth of 13.5% and stood at 3.35 lakh units, as against 2.95 lakh units in the year-ago period. The two wheeler segment which has been under stress for a long while now, has also shown green shoots owing to the replacement demand and wedding season.
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