The Month Gone By In Auto Industry- November 2024
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- Опубліковано 9 гру 2024
- The industry has reported passenger vehicle (PV) wholesale at 3.5 lakh units during November. Experts suggest while the stockpiles have reduced during the festive time, they still remain high standing at an average of about 6-7 weeks. The two wheeler wholesale data for the month presents a misleading picture, as the retail has been higher. On the YTD basis, the growth is more apparent than real. Experts also share the factors impacting CV & tractor sales, expected demand trajectory of EVs, potential of Battery-as-a-Service business model for India market and full year growth estimates for various vehicle segments.