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Car sales up 32 % in April; two-wheeler, bus sales zoom
New Delhi, May 14: Car sales surged by a robust 32.4 per cent in the first month of this fiscal with Maruti and Tata Motors fuelling the growth.
New Delhi, May 14: Car sales surged by a robust 32.4 per cent in the first month of this fiscal with Maruti and Tata Motors fuelling the growth.
A total 56,272 units were sold in April 2004 over 42,499 units in the same month last year, data compiled by Society of Indian Automobile Manufacturers (SIAM) showed today.
Commercial vehicle sales, one of the yardsticks to gauge economic growth, went up by an impressive 66.8 per cent at 19,784 units in the review month over 11,855 units in April 2003.
Two-wheeler sales in the domestic market, the second-biggest after China, grew by 16.4 per cent at 4.41 lakh units as motorcycles and step-throughs posted a rise of 14.5 per cent to 3.48 lakh units.
Scooter and scooterette sales registered a hefty growth of 28.3 per cent at 71,306 units.
Utility vehicle sales, which have been on a northward drive, grew by 45.2 per cent at 12,372 units while multi purpose vehicles (MPVs) rose 21.4 per cent at 4,828 units.
Three-wheeler sales climbed 46.7 per cent to 18,347 units.
Car sales in the country have been soaring with readily available low-interest loans, rise in disposable income and launch of an array of models.
India witnessed a car boom during 2003-04 with sales, including exports, crossing one million mark.
Bureau Report
Commercial vehicle sales, one of the yardsticks to gauge economic growth, went up by an impressive 66.8 per cent at 19,784 units in the review month over 11,855 units in April 2003.
Two-wheeler sales in the domestic market, the second-biggest after China, grew by 16.4 per cent at 4.41 lakh units as motorcycles and step-throughs posted a rise of 14.5 per cent to 3.48 lakh units.
Scooter and scooterette sales registered a hefty growth of 28.3 per cent at 71,306 units.
Utility vehicle sales, which have been on a northward drive, grew by 45.2 per cent at 12,372 units while multi purpose vehicles (MPVs) rose 21.4 per cent at 4,828 units.
Three-wheeler sales climbed 46.7 per cent to 18,347 units.
Car sales in the country have been soaring with readily available low-interest loans, rise in disposable income and launch of an array of models.
India witnessed a car boom during 2003-04 with sales, including exports, crossing one million mark.
Bureau Report