Domestic car sales up 1.39% in February
Moneylife Digital Team 10 March 2014

According to SIAM, during February vehicle sales across categories increased almost 5% to 15.24 lakh units, mainly on good performance from bikes and marginal increase in car sales

Domestic passenger car sales increased 1.39% to 1.61 lakh units in February from 1.59 lakh units in the year-ago period. According to data released by Society of Indian Automobile Manufacturers (SIAM), during February, motorcycle sales increased 5.39% to 8.43 lakh units from 8.0 lakh units a year earlier.

 

The total two-wheeler sales in February rose 9.69% to 12.2 lakh units.

 

Sales of commercial vehicles were down 29.84% at 47,982 units in February, SIAM said.

 

Vehicle sales across categories registered an increase of 4.99% to 15.24 lakh units from 14.51 lakh units in February 2013, it added.

 

 

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