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
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
12:55 PM IST