Car sales down by 6.34% in October, marginal gain for passenger vehicle segment: SIAM data

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Motorcycle sales, last month, declined 15.88% to 11,16,970 units as against 13,27,758 units a year earlier.

Passenger vehicle sales in the country rose marginally by 0.28% during October 2019, breaking a 11-month declining streak, mainly driven by festive buying amid deep discounts.

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales stood at 2,85,027 units in October, a slight uptick from 2,84,223 units in the year-ago period.

While car sales were down 6.34% to 1,73,649 units, sales of Utility Vehicles was up 22% to 1,00,725 units. Van sales declined 35% to 10,653 units.

Total two-wheeler sales in October declined 14.43% to 17,57,264 units compared to 20,53,497 units in the year-ago month. While motorcycle sales declined 15.88 % to 11,16,970 units, that of scooter fell 9.8% to 580,120 units.

The data showed that sales of commercial vehicles were down 23.31% to 66,773 units in October 2019.

Vehicle sales across categories fell 12.76% to 21,76,136 units compared to 24,94,345 units in October 2018.

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