Car Sales in India Exceed Pre-Covid Levels as Demand Rebounds
- Supply-chain disruptions have abated, helping to lift industry
- Scooter sales stuck below pre-pandemic levels on rising prices
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Passenger vehicle sales in India surpassed pre-pandemic levels in the year through March as consumer demand recovered and supply disruptions eased.
Sales rose 27% to 3.9 million passenger vehicles in fiscal 2023, according to data released by the Society of Indian Automobile Manufacturers on Thursday. The group didn’t provide a breakdown of electric-vehicle sales.