India's auto sector anticipates robust wholesale volumes in August, with passenger car sales potentially rising 41%, as strong demand persists despite recent price hikes.

Passenger vehicle demand shows constructive growth, likely exceeding nine to ten percent year-on-year. Two-wheeler retail growth is estimated between eighteen and twenty percent…

Passenger vehicle demand is expected to grow over 9-10% in August, while two-wheeler retail growth is estimated at 18-20%, says Yes Securities.