Indian Vehicle Market Downturn
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PV inventory levelsGlobalData
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World
India reports marginal slowdown in February wholesales – GlobalData

77% Informative
The Indian market experienced a slight downturn in February following an exceptionally robust start to the new year .
The February selling rate reached 5 million units/year, marking a decline of nearly 7% from January .
Total Light Vehicle (LV) wholesales for the month decreased by 6% month-on-month (MoM) to 435k units.
Passenger Vehicle ( PV ) sales totaled 373k units, reflecting a 6% MoM decline and a 3% YoY increase.
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