Cars, two wheelers drive automobile growth to 7%

Domestic passenger vehicle sales surged 14.68% last month helped by strong growth of auto majors

Domestic passenger vehicle sales surged 14.68 per cent last month helped by strong growth of market leader Maruti Suzuki and others like Toyota, Honda and Tata Motors.
 
According to data released by the Society of Indian Automobile Manufacturers (SIAM), Vehicle sales across categories registered an increase of 6.82 per cent to 20,30,476 from 19,00,848 units in April 2016.
 
Domestic passenger vehicles sales rose to 2,77,602 in April from 2,42,060 in the same month last year.
 
In a reversal, cars posted higher sales growth than utility vehicles. Domestic car sales posted their biggest monthly growth in one-and-a-half years