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Motorcycle sales increases 7 percent, car sales rise marginally in October

The domestic passenger vehicle sales for the month of October increased 4.48 percent to 2,80,677 units from 2,68,630 units in the same month last year.

According to the data released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales were up marginally to 1,95,036 units as compered to 1,94,158 units in October last year.

The sales of Motorcycle increased 7.37 percent to 11,44,516 units as compared to 10,65,925 units of previous year.

Read EquityPandit’s Nifty Auto Outlook for this week 

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