Business
Passenger car sales fall by 4.21 percent in February
New Delhi, March 10 : Passenger car sales in Indian domestic market fell by 4.21 percent to 1,64,469 units in February compared to 1,71,703 units in the year-ago period, industry body Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
However, overall sales of passenger vehicles including utility vehicles rose by 1.68 percent at 2,34,154 units in the month under review.
While demand for commercial vehicles and motorcycles grew by 19.93 percent at 62,359 units and 11.05 percent at 8,59,624 units respectively.
And total two-wheeler sales increased by 12.76 percent to 13.6 lakh units compared to 12 lakh units clocked in the like period of 2015.
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