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The Economic Times

PVs drive auto sales to record August high as India gears up for festive season

India Rajesh Menon SIAM

India’s automobile industry posted its strongest-ever August sales across passenger vehicles, three-wheelers and two-wheelers, with robust consumer demand and resilient rural markets driving growth ahead of the festive season.

Passenger vehicle domestic sales rose sharply in August, while three-wheelers and two-wheelers also posted year-on-year growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

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