Car sales drop by 1 percent in August: SIAM

New Delhi [India], Sep 12: Passenger car sales for the month of August was noted at 196,847 units, down 1.0 percent year on year as compared to 198,892 cars sold in Aug 2017, the Society of Indian Automobile Manufacturers (SIAM) said on Tuesday.

The society noted that the two-wheeler sales in August rose to 194, 6811 units, up 3.0 percent year on year as compared to 189,1685 unit sold in Aug 2017.

It added that August commercial vehicle sales 84,668 units, up 29.6 percent year on year as compared to 65,350 unit sold in Aug 2017.

“August total vehicle exports were 411,357 units, up 23.7% year on year as compared to 332, 545 unit sold in Aug 2017,” stated the SIAM release.

Adding to this, August passenger vehicle sales stood at 287,186 units, down 2.5% year on year as compared to 294,416 unit sold in Aug 2017.

On the other hand, August Medium &HCV sales rose to 34,072 units, up 28.5% year on year as compared to 26,506 units sold in Aug 2017.

August motorcycle sales 120, 6512 units, up 6.2% year on year as compared to 113, 6322 unit sold in Aug 2017.