Turnaround: August domestic passenger vehicles' sales rise| MENAFN.COM

Monday, 24 January 2022 11:08 GMT

Turnaround: August domestic passenger vehicles' sales rise


(MENAFN- IANS)

New Delhi, Sep 11 (IANS) Low base along with initial upsurge in demand due to the festive season boosted domestic passenger vehicles' sales in August on a year-on-year basis.

According to industry data released on Friday, a total of 2,15,916 passenger vehicles were sold in the domestic market, representing a rise of 14.16 per cent, than the 1,89,129 units off-take during the like period of 2019.

Similarly, the data released by the Society of Indian Automobile Manufacturers (SIAM) showed a sequential growth in sales during August.

In July, the domestic passenger vehicles' sales had declined by 3.86 per cent to 182,779 units from 1,90,115 units sold during the corresponding month of the previous year.

--IANS

rv/in

MENAFN1109202002310000ID1100780763


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.