Automobile sales in India jump by 17% in August: SIAM
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The Society of Indian Automobile Manufacturers (SIAM) in its latest data has showed that automobile sales in India jumped by 17 per cent year-on-year in August 2022 led by healthy growth in passenger vehicle sales. Overall automobile sales rose to 18,77,072 units in August 2022 as against 15,94,573 units sold in August 2021.
As per the SIAM data, passenger vehicle sales registered a growth of 21 per cent. Passenger vehicle sales rose to 2,81,210 units in August 2022 as against 2,32,224 units sold in August 2021. Total 2-wheelers sales rose to 15,57,429 units in August 2022, registering year-on-year growth of 16.33 per cent over 13,38,740 units sold in August 2021.
Data further said total 3-wheelers sales during the month under review stood at 38,369 units up by 62 per cent as against 23,606 units sold in August 2021. Total van sales in August 2022 stood at 12,236 units, up by 12.74 per cent against 10,853 units sold in August 2021.
