Passenger vehicle monthly sales hit 4-year high
Sales of passenger vehicles (cars, vans and utility vehicles) increased by 19.92% year-on-year to 2.78 lakh units in September, the highest monthly volumes recorded since 2012. During the same period, sales of two-wheelers surged by 21.59%, while commercial vehicles fell by 1.9%, as per data by the Society of Indian Automobile Manufacturers.