Published on 11/11/2020 11:45:23 AM | Source: IANS

Oct domestic passenger vehicles` sales rises over 14%

Posted in Industry News| #Industry

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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.