StoxBox: Views on Auto Wholesale Update

By-Sagar Shetty, Research Analyst In August 2024, auto wholesale figures exhibited mixed trends across various segments. Passenger Vehicles (PVs) continued to face challenges due to high inventory levels and stagnant retail demand. Conversely, the Two-Wheeler (2W) segment led growth, driven by a sustained recovery among first-time buyers and favorable conditions in the rural economy. Inventory buildup in this segment is expected with the onset of…