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

e4m by exchange4media Staff
Updated: Nov 11, 2019 5:52 PM
Auto

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.”

For more updates, be socially connected with us on
WhatsApp, Instagram, LinkedIn, Twitter, Facebook & Youtube

Stay updated with the latest news in the Marketing & Advertising sector with our daily newsletter

By clicking Sign Up, I agree to the Terms of Use and Privacy Policy.