February car sales up 6.85%, bikes decline 8.22%
Moneylife Digital Team 10 March 2015

Domestic passenger car sales grew 6.85% to 1.72 lakh units, while motorcycle sales fell 8.22% to 7.74 lakh units during February

 

Passenger car sales in India grew 6.85% to 1.72 lakh units during February compared with 1.60 lakh units in the same month of 2014.
 
According to the data released by the Society of Indian Automobile Manufacturers (SIAM), February motorcycle sales fell 8.22% to 7.74 lakh units from 8.43 lakh units, a year ago.
 
Total two-wheeler sales in February 2015 declined 1% to 12.1 lakh units from 12.20 lakh units compared with same month last year.
 
According to SIAM, total sales of commercial vehicles during February increased 10.1% to 52,843 units from 47,982 units in the year-ago period.
 
Total sale of vehicles across categories registered a growth of 0.15% to 15.26 lakh units in February 2015 as against 15.24 lakh units in the same month last year, SIAM added.
 
Comments
vishal
10 years ago
More people are able to buy cars now for two reason the declining price of petrol and car loans are more easily available now. But parking a car is a problem for people with out a car parking area inside their house. Many people started using the footpath outside their house for this purpose not bothering the inconvenience to others. Driving a two wheeler is becoming like driving a cycle in a busy road now a days involving accidents.
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