Passenger Vehicle Sales in India Rise by 13.6% in December, Over 2.53 Lakh Units Sold
News 18Sale of passenger vehicles increased by 13.59 per cent in December 2020, according to data from the Society of Indian Automobile Manufacturers. A total of 2.53 lakh passenger vehicles were sold last month compared to over 2.22 lakh units during the same period of 2019. Two-wheeler sales also improved 7.42 per cent on a year-on-year basis to 11.28 lakh units during the period under review. SIAM Director General Rajesh Menon said, “In the month of December 2020, the auto industry witnessed higher sales of passenger vehicles by 13.59 per cent and two-wheelers by 7.42 per cent over a very low base of 2019.” SIAM President Kenichi Ayukawa noted that the Indian automobile industry appreciates the efforts of the government to balance the safety of people and revival of the economy from the negative effects of the pandemic.