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Passenger vehicle dispatches from companies to dealers declined 9 per cent year-on-year to 3,21,840 units in August, as companies recalibrated supplies to adjust to low market demand.
According to media reports, Sales of passenger vehicles saw a dip primarily due to recalibration of dispatches by manufacturers, the Society of Indian Automobile Manufacturers (SIAM) director general Rajesh Menon said in a statement .
Demand dipped in August, as customers postponed purchases in anticipation of the GST rate cut and the reduction in vehicle prices.
Scooter sales rose 13 per cent year-on-year to 683,397 units in August, while motorcycle dispatches rose 4 per cent to 11,06,638 units last month.
Three-wheeler dispatches saw the highest-ever dispatch for the month of August at 75,759 units, an increase of 8 per cent year-on-year, as against 69,962 units in August last year.
