Festive season boost along with low base and pent-up demand accelerated domestic passenger vehicles’ sales in October on a year-on-year basis.
According to industry data released on Wednesday, passenger vehicles sales rose by 14.19 per cent in October.
The category includes sub-segments of cars, utility vehicles and vans.
Accordingly, 3,10,294 passenger vehicles were sold in the domestic market from an off-take of 2,71,737 units sold during the like period of 2019.
Similarly, the data released by the Society of Indian Automobile Manufacturers (SIAM) showed a sequential growth in sales during October.
In September, a total of 2,72,027 passenger vehicles were sold in the domestic market.