Passenger vehicle sales drop first time in 9 months in July

Passenger vehicle sales in India declined for the first time in nine months, on account of high base last year when sales had spiked due to the GST rollout across the country. According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle (PV) sales declined to 2,90,960 units last month from 2,99,066 units in July last year.

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