Diabytes
Domestic passenger vehicle News
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The Sales of compact cars, including Baleno, Celerio, Dzire, Ignis and Swift, declined 20 per cent to 58,051 units as compared with 72,451 units in the year-ago month.
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Motorcycle sales last month rose 15.16 percent to 12,21,559 units as against 10,60,744 units a year earlier.
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Domestic passenger vehicle sales are expected to grow by 7-9 percent in 2017-18, with 7th Pay Commission payout and better rabi output likely to support growth, according to auto industry body SIAM.
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Motorcycles sales last month were at 9,15,199 units as against 9,46,754 a year earlier, down 3.33 percent.
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Domestic passenger vehicle sales rose 9.01 percent to 2,55,359 units in February, from 2,34,244 in the same month last year.
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Domestic passenger vehicle sales grew 16.68 per cent to 2,58,722 units in August from 2,21,743 units in the same month last year.
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Maruti Suzuki India maintained its leadership position in the domestic passenger vehicle (PV) market in November, with three of its models featuring in the top 10 selling brands last month.
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The domestic passenger vehicle (PV) industry's volumes are likely to grow by up to 7 percent this financial year, riding mainly on first-time buyers, according to a report by ICRA.
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