India Passenger Vehicle Sales Grow 17% Annually In January

Total passenger vehicle sales grew 17.3% to 2.98 lakh units in January compared with 2.54 lakh units in the same month last year. The sales of two-wheelers, however, grew at a modest pace of 3.8% to 11.8 lakh according to industry body, Society of Indian Automobile Manufacturers (SIAM). Passenger vehicles again saw highest-ever sales in the month of January and for the first time, it has crossed 3 million sales mark in 10 months, from April to January period, said Rajesh Menon, director general of SIAM.

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