MUMBAI – Global sales of India’s passenger vehicles in July increased 14.2% from year-ago to 136,009 units. Domestic deliveries rose 11.5% to 115,954 units and exports jumped 32.3% to 20,055. The industry in July sold 108,848 passenger cars, up 14.5% on year-ago, and 27,161 utilities, up 12.9%. July’s positive results followed a combined 8.3% global sales rise for April and May and a 12.8% gain in June. Despite rising interest rates and bloated dealer inventories, auto makers are ...
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