Car sales up 12 pc in August

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SME Times News Bureau | 11 Oct, 2017
Sales of domestic passenger cars increased by 11.80 percent in August, as compared to the same period last year, industry data showed on Monday.

As per the Society of Indian Automobile Manufacturers (SIAM) data, 198,811 passenger cars were sold in August 2017 compared to 177,829 units sold in August 2016.

The off-take of other sub-segments such as utility vehicles zoomed up by 19.62 per cent during the month to 78,664 units, while sales of vans rose by 11.30 per cent to 16,860 units.

Industry data revealed that the overall domestic passenger vehicle sales edged higher by 13.76 per cent in August to 294,335 units from 258,737 sold during the corresponding period in 2016.