Business

Passenger vehicle sales in India rise 14% in Dec: SIAM

Passenger vehicle sales in India rise 14% in Dec: SIAM

TIL Desk/Business/New Delhi/ Passenger vehicle wholesales in India increased 13.59 per cent to 2,52,998 units last month on a very low sales base of December 2019, auto industry body SIAM said on Thursday.

Passenger vehicle sales in December 2019 stood at 2,22,728 units. As per the latest data by Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also rose 7.42 per cent to 11,27,917 units, compared to 10,50,038 in December 2019. Motorcycle sales increased 6.65 per cent to 7,44,237 units as against 6,97,819 in December 2019. Scooter sales were also up 5.59 at 3,23,696 units from 3,06,550 units a year ago.

Commenting on the December sales, SIAM Director General Rajesh Menon said the passenger vehicle and two-wheeler segments witnessed an increase in sales last month over a very low base of December 2019. In the October-December quarter this fiscal, passenger vehicle sales increased 14.44 per cent to 8,97,908 units from 7,84,616 units in the year-ago period. Two-wheeler sales during the December quarter rose 13.37 per cent to 47,82,110 units as compared to 42,18,157 units in the same period a year earlier.

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