New Delhi, May 15 -- India's passenger vehicle (PV) dealerships are set to clock high single-digit revenue growth in fiscal 2025, buoyed by a 4-6 per cent increase in sales volume and a 3-4 per cent rise in average realisations, according to a report by market intelligence firm Crisil Ratings.
The report adds that the domestic passenger vehicle (PV) dealership industry will see revenue growth increase by 100 basis points (bps) on year, supported by a modest revival in sales volume even as realisations remain rangebound.
As per the report, the volume growth figures are backed by price increase by original equipment manufacturers (OEMs) and continuing tilt towards sports utility vehicles (SUVs).
Consequently, dealers are expected to see ...
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