Car sales down 0.86% pc in domestic market in May : SIAM Report


Mumbai : According to new dada released by Society of Indian Automobile Manufacturers (SIAM). The Indian automobile industry has witnessed 9.89 percent growth in its domestic sales for the month of May 2016 and stood at 1,850,764 units, Car sales within the domestic market declined by 0 point 86 per cent at 1,58,996 units in May, 2016 as compared to 1,60,371 units in the same month last year.

However, the motorcycle sales increased by 3.34 per cent to 9,85,158 units in the month under review from 9,53,311 units in the comparable month of the previous fiscal, Aggregate two-wheeler sales went up by 9.75 per cent to 1,515,556 units.