Car sales hit speed breaker in January

India’s domestic passenger car sales slipped the first time in 15 months according to data released by the Society of Indian Automobile Manufacturers (SIAM).

The numbers saw a marginally dip to 1,68,303 units as against 1,69,527 units last year.

Motorcycle sales last month, however, increased marginally to 8,72,325 units from 8,68,505 units a year earlier. Total two-wheeler sales in January rose 2.63% to 13,62,881 units.

Sales of commercial vehicles rose 17.53% to 61,683 units in January.

Image credit: Indiatimes