Sale of utility vehicles too grew by over 20%

Sale of utility vehicles too grew by over 20%

The domestic wholesale (despatches from the factories to the dealers) of passenger cars recorded a growth of 10 percent year-on-year (YoY) to 1,82,692 units in October, compared with 1,66,566 units in the corresponding month of the previous year.

Utility vehicles also grew by more than 20 percent to 1,13,990 units during the month, compared with 94,637 units in October 2019.

This has led to total passenger vehicle sales of 3,10,294 units in October, a growth of 14 percent YoY, against 2,71,737 units sold in the same month last year, the latest data released by the Society of Indian Automobile Manufacturers (SIAM) said on Wednesday.

In the two-wheeler segment, while scooter sales grew marginally, motorcycle sales shot up 24 percent YoY.

Scooter sales were recorded at 5,90,597 units during the month, compared to 5,80,120 units in October 2019. Motorcycle sales grew at 13,82,749 units against 11,16,886 units in the corresponding month last year.