Auto sales August 2023: Expect decent retail sales growth across all segments; PV dispatches likely to rise 4-5% YoY

[Bilgin]

Auto sales August 2023: Expect decent retail sales growth across all segments; PV dispatches likely to rise 4-5% YoY While two-wheeler retail sales are expected to grow 4-5%, Passenger Vehicle (PV) retail sales are likely to jump 5-7% YoY, analysts said. Moreover, with freight demand likely to improve post-monsoon owing to the upcoming festive season, MHCV retail may grow 4-6% YoY.