Indian passenger vehicle sales inch up
Indian passenger vehicle sales inch up
In May, just 700 units grew in comparison to last year.

New Delhi: India's passenger vehicle sales grew at marginal 1.68 per cent in April-May 2009 to about 275,000 units from nearly 272,000 units sold in the corresponding period last year.

Sales, however, dropped to a little below 141,000 units in May 2009 from about 142,000 sold in the same month last year, figures released on Monday by the Society of Indian Automobile Manufacturers (SIAM).

Total commercial vehicle sales in the period of April-May 2009 fell to a little over 60,600 units from nearly 69,000 sold in the previous year. Sales in the month of May fell from over 36,100 units last year to 30,800.

"Cumulative sales of commercial vehicles segment continued to register decline. The segment grew at 13.08 per cent during April-May 2009 as compared to the corresponding period last year," read a SIAM statement.

Two-wheeler sales during the period under review rose over 13 per cent to nearly 14.3 lakh units from 12.64 lakh in the corresponding period last year.

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