Sales of passenger cars increased to 29% in October.
According to the Society of Indian Automobile Manufacturers (SIAM), passenger car wholesales (dispatches to dealers) in India increased 29% year over year (YoY) to 2,91,113 units in October from 2,26,353 units in October 2021, driven by strong festival season demand. Again, the utility vehicle (UV) category outsold the passenger car (PC) sector during the month,…