Domestic car sales decline 12.45%, bikes sale up

Domestic passenger car sales declined by 12.45 per cent to 1,73,420 units in January this year compared to 1,98,079 units in the same month of 2012.

According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in last month grew by 7.45 per cent to 8,86,527 units from 8,25,050 units in the same month previous year.

Total two-wheeler sales in January 2013 increased by 8.46 per cent to 12,06,937 units from 11,12,767 units in the same period of previous year. Total sales of commercial vehicles declined by 9.51 per cent to 63,218 units from 69,865 units in the year-ago period, SIAM said.