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ā¢ Passenger vehicle sales in India reached a new record in October, with 389,714 cars and utility vehicles sold, a 15.9% increase from the previous year.
ā¢ The growth was driven by strong demand for utility vehicles, which now account for more than half of all passenger vehicles sold in the country.
ā¢ The industry has seen double-digit growth in all segments, including three-wheelers and two-wheelers, and is expected to continue this momentum through the festive season.