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Car dealer inventories rise despite retail sales of PVs up 4% in May

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Sohini Das Mumbai

1 min read Last Updated : Jun 06 2023 | 3:34 PM IST

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Even as retail sales of passenger vehicles (PVs) grew 4 per cent year-on-year (Y-o-Y) in May, inventory levels have risen to 40-45 days, according to dealer sources. Dealers have initiated talks with carmakers on recalibrating production plans in order to get models for which there is greater demand.

“This could mean a

Topics : Passenger Vehicles

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