Auto wholesales in October: Festive sentiments drive dispatches across segments; tractors fall
Strong rural demand, new product launches and unfettered production boosted the dispatches to a great extent. As the final phase of the 2023 festive season is drawing to a close with Dhanteras and Diwali falling in the first fortnight of November, OEMs are pushing the inventory in anticipation of a strong demand and record-high festive season sales. This may make October as the last month of strong wholesales with OEMs set to re-align their inventories after the festive season.
Tags : Auto Industry Sales October 2023 Passenger Vehicles October Sales 2023 tarun garg Two Wheelers Sales October 2023 Commercial Vehicle October Sales 2023 Tractors October Sales 2023 Hemant Sikka Shashank Sriastava Hardeep Singh Brar Yuichi Murata
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