Auto sales take fast lane in Dec; carmakers see double-digit rise in sales

The country's largest passenger vehicle manufacturer sold 124,375 units in the year-ago period.

Indian automakers replenished stocks before the new year, helping wholesale auto sales witness healthy growth. 

Inventory was lower than usual for passenger vehicles and tractors, leaving headroom for higher inventory filling in the coming months, industry executives said. They said spillover demand from the festive season and inventory refilling would drive demand for passenger vehicles and tractors.

India’s largest carmaker, Maruti Suzuki India, reported a robust 17.8 per cent year-on-year growth in wholesale for December to 146,480 units. This was aided by a sustained demand recovery for entry-level cars, hatchbacks, and utility vehicles after the festive season. The automaker also