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Domestic Passenger Vehicles’ Sales In October Rise Over 14 Per Cent
IANS
Nov 11, 2020, 12:19 PM | Updated 12:17 PM IST
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Festive season boost along with low base and pent-up demand accelerated domestic passenger vehicles' sales in October on a year-on-year basis.
According to industry data released on Wednesday, passenger vehicles sales rose by 14.19 per cent in October.
The category includes sub-segments of cars, utility vehicles and vans.
Accordingly, 3,10,294 passenger vehicles were sold in the domestic market from an off-take of 2,71,737 units sold during the like period of 2019.
Similarly, the data released by the Society of Indian Automobile Manufacturers (SIAM) showed a sequential growth in sales during October.
In September, a total of 2,72,027 passenger vehicles were sold in the domestic market.
This news has been published via Syndicate feed. Only the headline is changed.
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