Domestic passenger car sales rose 21.80 per cent to 1,94,158 units in October from 1,59,408 units in the same month a year ago. The sales growth this time of year is highly expected during the Diwali festive season. With lucrative festive offers and schemes, the deal indeed gets irresistible to new car buyers in the country.
In addition to the four-wheeler market, motorcycle sales also rose 5.66 per cent to 10,65,856 units in October as against 10,08,761 units sold during the same month last year, according to the data released by the Society of Indian Automobile Manufacturers (SIAM). Total sales of two-wheelers rose 13.31 per cent last month to 16,56,235 units as against 14,61,712 units in October 2014.
Sales of commercial vehicles were up 12.73 per cent to 58,596 units during last month, SIAM said. Vehicle sales across categories registered a 13.91 per cent increase to 20,35,821 units in October from 17,87,160 units in the corresponding month, it added.
