Motorcycle sales last month jumped by 25.13% to 1,145,221 units compared to 915,259 units in March 2017
Sales of commercial vehicles were up 31.13% to 87,777 units in February
Domestic passenger vehicle sales were flat in October as dealers had built enough inventory for festive demand during August-September period. Sales of two wheelers from manufacturers to dealers declined almost three per cent last month. Light commercial vehicles and three wheelers, however, reported a double digit growth, Siam data showed. Within the passenger vehicles, the biggest contributor, cars, clocked a decline of 5.32 per cent to 184,666 units. Utility vehicles, the next biggest contributor, continued to grow and posted a double digit increase of 12.44 per cent to 79,323 vehicles. Vans expanded by five per cent to 15,848 units. Most car makers, barring market leader Maruti Suzuki, reported a flat performance while some also declined. Maruti clocked a growth of 9.25 per cent to sell 135,128 units last month. Hyundai, the second biggest player, reported a decline of 0.86 per cent to sell 49,588 units. Other leading players like M&M and Honda also saw a decline.The festive ..
Sales of commercial vehicles were up 11.9% to 65,569 units in October