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Sale of passenger vehicles decline by 3pc in Mar’19
Business

Sale of passenger vehicles decline by 3pc in Mar’19

Agency News

New Delhi, Apr 8 : Sales of passenger vehicles declined in the month of March 2019 by 2.96 per cent as total number of vehicles sold were 2,91,806 as compared to 3,00,722 units in March 2018. Domestic car sales slipped 6.87 pc to 1.77 lakh units as compared to 1.91 lakh units in March 2018, according to data released by Society of Indian Automobile Manufacturers (SIAM) here on Monday.

Meanwhile, Commercial vehicle sales registered a growth of 0.28 per cent. A total number of 1,09,030 vehicles were sold in March 2019 as compared to 1,08,730 vehicles in the corresponding period of the last year. Three and two-wheelers also witnessed decline of 8.54 pc and 17.31 pc in sales segment. (UNI)