Passenger Vehicles saw 5% rise in May


Domestic passenger car sales goes up by 4.80% last month as compared to the same period last year, industry data showed on Friday.

According to the information outfitted by the Society of Indian Automobile Manufacturers (SIAM), around 1,66,630 traveler autos were sold in May, 2017, when contrasted with 1,58,996 units sold in May, 2016.

The off-take of other sub-fragments, for example, utility vehicles ascended by 18.80% amid the month with 69,845 units, while offers of vans expanded by 9.50% to 15,167 units.

Industry information uncovered that local traveler vehicle deals edged higher by 8.63% in May to 2,51,642 units from 2,31,640 sold amid the comparing time frame in 2016.