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Saturday, October 09, 2010

India's car sales rise 30% in September


Passenger car sales in India grew by over 30% in September, as easy finance availability coupled with the introduction of a slew of new models and a booming economy continued to lure consumers. Total automobile vehicle sales grew by 21.63% to 13,29,086 units in September as against 10,92,687 units in the same month last year, the Society of Indian Automobile Manufacturers (SIAM) said. Total sales in August were 12,63,293 units. Companies sold 169,082 cars in September versus 129,684 units in the same month last year, the Society of Indian Automobile Manufacturers (SIAM) said on Friday. In August, domestic car sales were at 160,794 units. Total passenger vehicle sales in the domestic market stood at 215,632 units last month versus 167,515 units sold in the corresponding month of the last fiscal year. Sales of trucks and buses rose 29.6% to 59,455 units in September. Local two-wheeler sales were at 1,005,162 units in September 2010 as against 838,152 units in the corresponding month of last year. The previous best was in August this year at 9,57,304 units. Motorcycle sales in the country grew by 15.50% to 7,78,352 units from 6,73,893 units in the same month last year. The previous highest of 7,27,542 units was achieved in August this year.