Passenger vehicle sales see marginal rise in October
Society of Indian Automobile Manufacturers has been reported as saying that the positive festive season sentiment is expected to continue in November and December
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Published: Nov 11, 2019 5:51 PM | 1 min read
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The sale of passenger vehicles has gone up marginally in October due to the festive season cheer, media reports said.
This has led to a break in the 11-months of continuous decline, Society of Indian Automobile Manufacturers (SIAM) has been reported as saying.
The positive sentiment is expected to continue in November and December.
Passenger Vehicle sales in October has gone up 0.28 per cent as compared to the year-ago period.
SIAM President Rajan Wadhera has been quoted as saying: “Sales in the festive season have been better than last year which is a good sign. We wish it continues in November and December as well and help us slowly come out of this slowdown.”
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