Sales of passenger vehicles are anticipated to surpass records in 2022

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According to industry officials, India’s passenger vehicle sales this year are anticipated to be nearly a quarter of a million units higher than the initial estimates, which were themselves for record high numbers.

The industry is optimistic because to better component supplies that are enabling automakers to increase output and reduce backlogs more quickly, as well as new orders that are still going strong in advance of the holiday shopping season despite high inflation and rising interest rates.

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