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Monday, December 23, 2024 | 11:29 AM ISTEN Hindi

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Cars, two-wheelers clock single-digit decline in October

November to be a growth month on low base effect

cars, vehicles
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Ajay Modi New Delhi
Domestic passenger vehicle sales growth was flat in October, as dealers had built enough inventory for festive demand during August-September.
Sales of two-wheelers from manufacturers to dealers declined almost 3 per cent last month. Light commercial vehicles and three-wheelers, however, reported double-digit growth, show data from the Society of Indian Automobile Manufacturers (Siam).

Within passenger vehicles, the biggest contributor, cars, fell 5.3 per cent to 184,666 units. Utility vehicles, the next biggest, continued to grow, up 12.4 per cent to 79,323 vehicles. Vans expanded by 5 per cent to 15,848.

Most carmakers, barring market leader Maruti Suzuki, reported a flat performance; some also

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