After 9 months vehicle sales rise in India

September 11, 2020 14:01

Passenger vehicle wholesales in India rose by 14.16 per cent in August to 2,15,916 units driven by pent-up demand, industry body SIAM said on Friday. According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicles wholesales stood at 1,89,129 units in the same month last year. Passenger vehicle sales have returned to positive territory in August after nine consecutive months of decline. It was in October last year that the segment had posted a marginal growth snapping 11 continuous months of decline in sales.

Passenger car sales last month stood at 1,24,715 units as compared with 1,09,277 units, up 14.13 per cent. Similarly, utility vehicle sales increased by 15.54 per cent to 81,842 units last month as against 70,837 units a year ago. Sales of vans also saw an increase of 3.82 per cent at 9,359 units as compared with 9,015 units in August 2019, SIAM said. Similarly, two-wheeler sales also rose 3 per cent at 15,59,665 units as compared to 15,14,196 units in the same month last year. -- PTI

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