SME Times News Bureau | 10 Dec, 2018
Sale of
passenger vehicles in the domestic market declined by 3.43 per cent on a
year-on-year basis in November to 266,000 units, data published by the Society
of Indian Automobile Manufacturers (SIAM) shows on Monday.
The data showed that domestic sales of passenger vehicles in November 2017
stood at 275,440 units.
Among the sub-segments, the sale of passenger cars in the domestic market
during the month stood at 179,783 units, 0.91 per cent lower than the 181,435
units sold in the year ago period.
Further, the number of utility vehicles sold in India rose by 10.18 per cent to
69,884 units in November 2018, whereas 16,333 units of vans were sold last
month, up from 16,198 units in November 2017.
However, the commercial vehicle segment's domestic sales rose 5.71 per cent to
72,812 units last month, the SIAM data showed.