Domestic car sales grow at fastest rate in 5 yrs
Domestic passenger car sales grew by 7.87% to 20.25 lakh units in 2015-16, the fastest since 2010-11, according to data released by the Society of Indian Automobile Manufacturers (SIAM). Further, sales of two-wheelers rose 3.01% to 1.64 crore units, commercial vehicles grew 11.51% to 6.85 lakh units and vehicles across all categories increased by 3.78% to 2.04 crore units.