Jagran Post

jagran Post
post.jagran.com

Car and bike sales seeing significant jump this Diwali

Publish Date: 10 Nov 2012, 05:25 PM
Last Updated: 10 Nov 2012, 05:25 PM
quick bites

Car and bike sales up on Diwali
Car and bike sales up on Diwali

New Delhi: There has been significant jump in the sales of cars and bikes this festive season across India.  Car sales registered a growth of 23.09 percent in October 2012, whereas bike sales saw a growth of 6.71 percent.

According to a data released by Society of Indian Automobile manufacturers (SIAM), 1,72,459 units of cars sold in October 2012, whereas it was 1,40,105 in the same period last year.

In October 2012, total of 9,36,122 bikes were sold as compared to 8,77,270 bikes in October 2011. However in the last month, sale of two-wheelers increased by 12.26 percent to 12,44,716 in comparison to 11,44,716 in the same period last year.  

The total sales of commercial vehicles have grown 7.59 percent to 66,722 in October 2012. It was 62,013 in October 2011.

However, the total number of vehicles sold in October 2012 has surged 14.81 percent to 16,53,703. It was at 14,40,409 in October 2011.       

JPN/Bureau

Latest News  from Business News Desk

For Latest News Updates Follow Jagran Post on

SHARE YOUR VIEWS - POST YOUR COMMENT BELOW
We encourage you to log in and comment. Non-logged-in comments will go through a verification process for security reasons.

Characters remaining


Login/Comment with:ORPost your comment using security code
Name*
E-mail*
Word Verification:*
  Type the characters you see in the picture below