As per data released by the Society of Indian Automobile Manufacturers (SIAM), for Q3FY24E, the 2-wheeler (2W) segment saw a growth in industry wholesale volumes of 22.6% YoY/ 2.9% QoQ. 3-wheelers (3W) industry wholesale volumes were higher by 35.2% YoY but lower by 4.1% QoQ. Passenger Vehicles (PV) industry volumes grew by 8.3% YoY but declined by 5.8% QoQ.