Car sales in India rise by 3.7% to 1,79,122 units; bike sales soar 26.4%
Motorcycle sales last month rose 26.48 per cent to 10,53,230 units as against 8,32,695 units a year earlier
Domestic passenger vehicle sales rose 7.77 per cent to 2,75,329 units in February from 2,55,470 units in February 2017. Domestic car sales were up 3.7 per cent to 1,79,122 units as against 1,72,737 units in February 2017, according to data released by the Society of Indian Automobile Manufacturers (SIAM).
Motorcycle sales last month rose 26.48 per cent to 10,53,230 units as against 8,32,695 units a year earlier. Total two-wheeler sales in February rose 23.77 per cent to 16,85,814 units compared with 13,62,043 units in the year-ago month.
Sales of commercial vehicles were up 31.13 per cent to 87,777 units in February, SIAM said. Vehicle sales across categories registered a rise of 22.77 per cent to 21,11,383 units from 17,19,806 units in February 2017, it added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
IRCTC Dividend 2024: Railway PSU announces 200% interim dividend - Check record date and other details
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
12:55 PM IST