COVID Affected Passenger Vehicles Sales

COVID has affected the economic volatility and reduced the sales of passenger vehicle sales by over 61%. Base year effect, Low rate interest, and additional Government give an increase to the demand for Passenger Vehicles in May. The sales of Passenger Vehicles has increased in the period of May in comparison to last year. The Society of Indian Automobile Manufacturers said that these data include some key players of the market including Tata Motors.