Domestic car sales down 5% in March

Posted By: Staff
Subscribe to GoodReturns

Domestic car sales down 5% in March
Domestic passenger car sales declined 5.08% to 1,71,489 units in March as compared to 1,80,675 units in the year-ago month.

Motorcycle sales last month climbed 16.24% to 9,06,665 units from 7,80,022 units a year earlier, according to data released by the Society of Indian Automobile Manufacturers (SIAM). Total two-wheeler sales in March rose 21.16% to 13,34,214 units as against 11,01,203 units in the same month last year.

Sales of commercial vehicles were down 24.55% to 64,101 units in March, SIAM said. Vehicle sales across categories registered an increase of 12.83% to 16,77,445 units from 14,86,664 units in March 2013, it added.

For the fiscal ended March 31, 2014, domestic car sales fell 4.65% to 17,86,899 units as compared to 18,74,055 units in the previous year.

PTI

Story first published: Friday, April 11, 2014, 12:21 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC