Monday 10 November 2008

Car sales down 6.59%; bike sales fall 18.17%

Domestic passenger-car sales fell by 6.59 per cent in October to 98,900 units from 1,05,877 units in the same month last year.

According to the figures released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in the country during the month was down by 18.17 per cent at 5,38,353 units, against 6,57,874 units in the corresponding month a year ago.

Total two-wheeler sales in October also dipped by 14.52 per cent at 6,78,245 units, compared with 7,93,420 units in the same period last year.

Commercial vehicle sales decreased last month to 28,027 units from 43,756 units in the year-ago period, a fall of 35.95 per cent, the SIAM said. - PTI

Source: TheHinduBusinessLine

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