As per a report on ET AUTO, sales of the passenger vehicle segment is expected to be around 1.95 lakh units in July, substantially higher than 1.17 lakh units recorded in June. The month of July is also expected to have retail numbers close to wholesale numbers.
Maruti Suzuki is set to lead this recovery. “We have reached current capacities in the range of 85-90% and in addition, more than 85% of our dealerships are open pan India. This could have been improved but for some states which went into lockdown during the month. Financing for our vehicles has reached pre covid levels currently”, said Shashank Srivastava, ED, Maruti Suzuki.
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