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Indian Auto Industry continues positive growth

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SIAM – Society of Indian Automobile Manufacturers released a report earlier today accounting the total sales made by auto manufacturers in the country during the period April 2010 and August 2010. According to SIAM's report, India manufacturer's manufactured 7,063,063 units during the period, up by 1,727,789 units when compared to last year's same period manufacturing figures.

Both passenger vehicles and commercial vehicles registered an increase of 33.88% and 44.75% respectively. In the passenger vehicle segment, multi purpose vehicles (MPV) registered the highest increase, 50.68% (82,609 units) followed by 34.32% increase in passenger cars (753,199 units) and 22.56% (125,618 units) rise in utility vehicles. Two wheeler and three wheeler segments too registered a rise with 27.22% and 20.15% respectively.

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By: Nabanita Roy | Tags:


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