Passenger Vehicle Segment Records 1.55 Per Cent Growth In October

Passenger Vehicle (PV) sales is back on the growth track in October after witnessing a slump in the previous month. The PV segment recorded a marginal growth of 1.55 per cent in October selling 284,224 units in the domestic market compared to 279,877 units in the same month last year. The major gainers in October are utility vehicles (UV) which posted a growth of 3.90 per cent at 82,414 units compared to 79,323 units in October last year followed by vans segment which grew at 3.55 per cent selling 16,410 units in October against 15,848 units in the corresponding month last year. However, the growth of passenger cars in the same month was nominal at 0.38 percent selling 185,400 units against 184,706 units in the same month last year.

from NDTV CarAndBike - Reviews https://ift.tt/2zEHgOA