In the fast lane: Trucks, two-wheelers steal the show in December sales

It was an unusual December for automobile sales. Volumes of passenger vehicles — cars, vans and utility vehicles — which regularly steal the show in sales growth, were overshadowed by every other segment. Commercial vehicles and two- and three-wheelers clocked sales growth in the high double digits against a 5 per cent growth in passenger vehicle sales. 

Each of these segments had posted declines in December 2016 owing to demonetisation. But the decline in passenger vehicle sales growth in December 2016 was just about 1 per cent against double-digit declines for medium and heavy commercial vehicles and two- and three-wheelers. The