PV sales up 15%, car sales rise 9% in July

DSIJ Intelligence / 11 Aug 2017

PV sales up 15%, car sales rise 9% in July

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales rose 15.12% to 2,98,997 units in July from 2,59,720 units during the corresponding period last year

According to data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales rose 15.12% to 2,98,997 units in July from 2,59,720 units during the corresponding period last year, whereas domestic car sales were up 8.52% at 1,92,773 units as compared to 1,77,639 units in July last year.
 
Motorcycle sales grew 16.9% to 10,48,657 units last month compared to 8,97,084 units a year earlier. The total two-wheeler sales in July rose 13.73% to 16,79,055 units as against 14,76,332 units in the year-ago month.

Sales of commercial vehicles registered a growth of 13.78% to 59,000 units in July, SIAM said. Vehicle sales across categories posted a growth of 13.3% to 20,78,313 units from 18,34,302 units in July 2016, it added.

If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.