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Domestic car sales tumble 4.21 pc in February

Saheli March 10, 2016 Business Comments Off on Domestic car sales tumble 4.21 pc in February

Domestic car sales tumble 4.21 pc in February

Domestic passenger car sales declined 4.21 per cent to 1,64,469 units in February, from 1,71,703 units in the same month last year.

Motorcycle sales last month jumped 11.05 per cent to 8,59,624 units, from 7,74,122 a year earlier, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).

Total two-wheeler sales in February rose 12.76 per cent to 13,62,219 units as against 12,08,084 in the year-ago period.

Sales of total commercial vehicles increased 19.93 per cent to 62,359 units as against 51,998 in the year-earlier month, SIAM said.

Vehicle sales across categories registered a growth of 11.76 per cent at 17,03,688 units in February compared with 15,24,395 in February 2015, it added.
[Source:- Business today]

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