PV Wholesales Rise Marginally In October

New Delhi: Aided by festive demand, domestic passenger vehicle wholesales rose marginally year-on-year to 3,93,238 units in October, industry body SIAM said on Wednesday. The overall passenger vehicle dispatches by companies to dealers stood at 3,89,714 units in October last year. Total two-wheeler sales rose 14 per cent year-on-year to 21,64,276 units last month, as compared to 18,95,799 units in October 2023, the Society of Indian Automobile Manufacturers (SIAM) said in a statement. Scooter sales witnessed a 22 per cent on-year rise to 7,21,200 units in October. Motorcycle dispatches saw an increase of 11 per cent to 13,90,696 units in the previous month, as against 12,52,835 up units in October, 2023.

Moped sales declined to 52,380 units in October this year, as against 53,162 units in the same month a year ago.