Festive demand drives passenger vehicle dispatches to record high in October

Sales of cars, sedans, and utility vehicles in the domestic soared to record levels in October, as automakers increased deliveries to meet strong customer demand during the festive season. Industry estimates indicate that 391,472 passenger vehicles were dispatched to dealers, a 16.3% rise from the previous financial year's 336,679 units. This marks the tenth consecutive month of record-breaking sales, primarily driven by SUV demand, which constituted half of all passenger vehicle sales in October.