India August vehicle production grows 16.1%; sales up 23.7%
Nurluqman Suratman
08-Sep-2016
SINGAPORE (ICIS)–India’s total vehicle production in August rose by 16.1% year on year to 2.31m units, with domestic sales up by 23.7% at 2.01m units, industry data showed on Thursday.
Two-wheelers accounted for 79.8% of the total production and 82% of overall sales, according to the Society of Indian Automobile Manufacturers (SIAM).
Production of passenger vehicles in August grew by 9.99% year on year to 324,599 units, with sales up 16.7% at 258,722 units and exports rising by 27% at 75,483 units.
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