The sluggish sales have resulted in high inventory levels for dealers, currently extending to 70-75 days.

Nair’s journey with Nissan began in 2010 as the Marketing Operations Manager for Nissan Europe.

Bajaj recorded domestic sales of 4,05,290 units during this period, reflecting a year-on-year growth of 8 percent.

While the overall global sales surged, the company noted a significant decline in its sales performance within China.

The breakdown of these sales units reveals 28.9 million units in Japan and 51.27 million units overseas.

The company recorded total sales of 22,910 units signifying a substantial y-o-y growth of 53% compared to August 2022 when it sold 14,959 units.

The company registered a total of 71,435 units in sales, demonstrating strong performance in both the domestic and export markets.

Tata Motors records flat sales in July amidst intensifying competition; single-digit growth in FY2024’s first four months.

Europe Leads the Charge with 68% Growth; Volkswagen Brands Deliver Breakthrough Performance in BEV Segment