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11
June 2018
 |
passenger cars(The Total Investment & Insurance Solutions)
Sales
of domestic passenger cars edged higher by 19.64 per cent in May, industry data
showed on Monday. The Total Investment & Insurance
Solutions
According
to the data furnished by the Society of Indian Automobile Manufacturers (SIAM),
199,479 passenger cars were sold in May as compared to 166,732 in the
corresponding month of 2017.
The
off-take of other sub-segments of passenger vehicle category such as utility
vehicles rose by 17.53 per cent during the month to 82,086 units while sales of
vans zoomed by 29.54 per cent to 19,673 units.
The
SIAM data revealed that overall domestic passenger vehicle sales edged higher
by 19.65 per cent in May to 301,238 units from 251,764 units in the
corresponding period in 2017.The Total
Investment & Insurance Solutions
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