Car sales jump 36% in August, companies gear up for festive boom

In India, passenger vehicle sales achieved impressive double-digit growth last month, spurred by automakers ramping up factory dispatches to prepare for rising market demand. Maruti Suzuki celebrated its best sales performance in August, attributing the surge to tax reductions and declining interest rates. Similarly, Tata Motors and Mahindra & Mahindra also enjoyed notable increases in sales volumes, alongside a strong performance in the two-wheeler and commercial vehicle markets.