Passenger vehicle sales rise for sixth straight month, up 11% in January
According to data available with industry body Society of Indian Automobile Manufacturers (SIAM), as many as 276,554 passenger vehicles were sold last month, which is an increase of 11.14% over 248,840 units sold in the year-ago period.
The growth would have been even higher at 16% if we were to include sales of
which has stopped reporting data to SIAM on a monthly basis.
Sales of two-wheelers went up 6.63% in the month under review. While sales of scooters rose 9% to 454,315 units, those of motorcycles went up 5.1% to 916,365 units.
Demand for three-wheelers continued to remain muted and fell by 56.8% to 25,335 units in January.
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