Kick-starting the new financial year on a strong note, automobile sales in India (all categories) rose by a sharp 17.44 per cent to 2,379,718 vehicles in April over a year-ago, auto industry body Society of Indian Automobile Manufacturers (Siam) said on Thursday.
Passenger vehicle sales rose by 7.5 per cent, driven by robust sales of utility vehicles, cars, and vans.
While the dispatches jumped across all categories, commercial vehicles advanced at the fastest pace rising 76 per cent on account of last year’s low-base effect. Following a March 29 order of the Supreme Court that banned the sale of Bharat Stage-III vehicles,