Jan car sales up 32% yoy

India’s domestic car sales rose by 32% to 145,905 units in January 2010 from 110,300 units sold in the same month a year ago, data released by the Society of Indian Automobile Manufacturers (SIAM) showed. Utility Vehicle (UV) sales were up 54.7% at 26,120 units in January 2010 while the total passenger vehicle sales rose by 36.6% to 187,605 units. Local sales of trucks and buses (CVs) jumped 130.8% to 53,447 units from 23,154 units in January 2009, according to the SIAM data.

Two wheeler sales grew by 43.4% to 834,383 units in January this year from to 581,729 units in the year-ago period. Motorcycle sales in January 2010 were up 43.7% at 650,633 units versus 452,809 units sold in the corresponding month last year. Total three-wheeler sales rose by 46.5% to 38,722 units during January 2010 compared with 26,435 units sold in the same month a year earlier.

Total sales of automobiles stood at 11,14,157 units in January 2010 as against 768,698 units sold in January 2009, representing an increase of 44.9%. Total exports were up 45.7% at 150,780 units in January 2010 with shipments of passenger cars growing by 77% to 38,118 units.