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NEW DELHI: Passenger automobile sales kicked off new fiscal on a flat word with round 3.four lakh items offered in April, impacted by the high base impact and muted demand because of the ongoing basic elections.
Dispatches of passenger autos from producers to sellers have been at 3.four lakh items in April as in comparison with 3.Three lakh items within the yr-in the past interval, a rise of almost 3%.Major gamers Maruti Suzuki, Hyundai and Tata Motors reported marginal growth of their home wholesales.
The flat growth witnessed in April is because of the high base that the trade had final yr, coupled with the affect of ongoing basic elections, Maruti Suzuki India senior govt officer, advertising and marketing & sales, Partho Banerjee mentioned.
“We have started on a very high base this year… Right now, the country is going through elections and there is a model code of conduct. During elections, the markets are a little muted,” he mentioned.
Dispatches of passenger autos from producers to sellers have been at 3.four lakh items in April as in comparison with 3.Three lakh items within the yr-in the past interval, a rise of almost 3%.Major gamers Maruti Suzuki, Hyundai and Tata Motors reported marginal growth of their home wholesales.
The flat growth witnessed in April is because of the high base that the trade had final yr, coupled with the affect of ongoing basic elections, Maruti Suzuki India senior govt officer, advertising and marketing & sales, Partho Banerjee mentioned.
“We have started on a very high base this year… Right now, the country is going through elections and there is a model code of conduct. During elections, the markets are a little muted,” he mentioned.
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