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Sale of Cars
Society of Automobiles Manufacturers (SIAM) has shared the detail on domestic sales of passenger vehicles during the last two years and the current years as under:
Category | 2014-15 | 2015-16 | 2016-17(April-Feb) |
Passenger Cars | 18,77,706 | 20,25,479 | 19,12,931 |
Utility Vehicles (MUVs) / SUVs) | 5,52,135 | 5,86,664 | 6,84,306 |
Vans | 1,71,395 | 1,77,535 | 1,66,969 |
Total Passenger Vehicles | 26,01,236 | 27,89,678 | 27,64,206 |
SIAM has reported that the inflation rates have come down in the last two years and fuel prices have also not changed substantially in the recent past. Hence, no major impact on sales is seen due to these factors.
This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises Shri Babul Supriyo in reply to a written question in the Lok Sabha today.
About Post Author
Editor Desk
Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc.
She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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