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10
November 2017
 |
passenger cars (The Total Investment & Insurance
Solutions)
Sales
of domestic passenger cars declined by 5.32 per cent in October, as compared to
the same period last year, industry data showed on Friday.
According to the Society of Indian Automobile
Manufacturers (SIAM) data, 184,666 passenger cars were sold in October 2017,
down from 195,036 in October 2016. The
Total Investment & Insurance Solutions
However,
the off-take of other sub-segments of passenger vehicle category such as
utility vehicles edged-higher by 12.44 per cent during the month to 79,323
units while sales of vans rose by 4.97 per cent to 15,848 units.
Consequently,
the overall domestic passenger vehicle sales slipped by 0.30 per cent in
October 2017 to 279,837 units from 280,677 units sold during the corresponding
period in 2016.The Total Investment & Insurance
Solutions
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