More than 24 lakh new vehicles sold in October 2018: Car sales increase slightly



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During the month of October 2018, sales of automobiles, motorcycles, trucks, buses and two – wheelers increased by 11.6%, the same as in the previous year. Indian automobile industry sold a total of 2,494,426 units last month, against 2,162,869 units sold. October 2017. The month of October saw car sales, SUVs grow slightly by 1.55% with total sales of 2,844,224 units versus 2,79,877 units sold in the same month last year . India's two-wheeler industry has grown 17.23% with more than 20 lakh two wheeler sold in October. According to data published by the Society of Indian Automakers (SIAM).

Vishnu Mathur, Director General of SIAM, said: "Slow growth is mainly due to the base effect, but also to the increase in insurance, high fuel prices and declining prices. of the Stock Exchange Affecting Feelings. "

The sale of pbadenger vehicles (cars, SUVs and vans) during the current fiscal year increased by 6.10% in April-October 2018 by compared to the same period last year. Sales of pbadenger cars, commercial vehicles and vans increased 5.87% (1,354,897 units), 5.19% (546,833 units) and 12.96% (126,799 units), respectively, from April to October 2018 compared to the same period last year. The entire commercial vehicle sector recorded a growth of 35.68% in April-October 2018 compared to the same period last year and recorded a turnover of 574,463 units. Sales of medium and heavy commercial vehicles increased by 42.80% with total sales of over 221,627 units and light commercial vehicles increased by 31.56% in April-October 2018 compared to the same period last year. 39, last year.

Two-wheel sales grew. 11.14% from April to October 2018 from April to October 2017, for a total of 13,628,823 units sold. In the two-wheelers segment, scooter sales were 4,402,041 units, motorcycle sales were 8,699,277 and mopeds rose 6.36% respectively from April to October 2017. [19659002InApril-October2018autoexportsincreasedoverallby2410percentWhilepbadengercarexportsdeclinedby(-)328%commercialthree-wheelersandtwo-wheelersregisteredgrowthof2658%6299%and2594%
respectively in April and October 2018 compared to the same period last year. [19659006] Get the live prices of the BSE and NSE shares and the latest net badet value, mutual fund portfolio, calculate your income tax by income tax calculator, know the best winning funds, best losers and best stock market funds. Like us on Facebook and follow us on Twitter .

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