Reuters reports that India’s domestic passenger car sales soared 24.2 per cent in September, according to industry data. The report said that the growth was fuelled by rising incomes and attractive finance schemes.
Go deeper with GlobalData
Car sales in September rose to 70,492 units from 56,765 in the same month a year ago, the Society of Indian Automobile Manufacturers (SIAM) said in a statement.
Sales in April-September, the first half of this business year ending March 2005, rose 20.8 per cent to 385,859 units from 319,450 a year earlier.
Sales of commercial vehicles, or trucks and buses combined, were up 18 per cent to 27,766 units in the past month, up from 23,527 in the same month a year earlier. Sales in April-September rose 29 per cent to 140,616 units from 109,426 a year earlier.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
