Passenger vehicle sales dropped 2.71% in July in India

Indian road traffic

Domestic passenger vehicle sales reduced 2.71 percent to 2,90,960 units in July from 2,99,066 units in the same month of 2017.

Domestic car sales also decreased marginally to 1,91,979 units against 1,92,845 in July 2017, according to the statistics released by the Society of Indian Automobile Manufacturers (SIAM).

Motorcycle sales in July, however, increased 9.67 percent to 11,50,995 units as against 10,49,478 units a year previously. Overall two-wheeler sales in July increased 8.17 percent to 18,17,077 units compared to 16,79,876 units in the year-ago month. Sales of commercial vehicles increased 29.65 percent to 76,497 units in July, SIAM stated.

Vehicle sales throughout categories registered an increase of 7.97 percent to 22,44,875 units from 20,79,204 units in July 2017, it included.

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