Passenger vehicle sales grew fastest in six years in FY17: Siam data2 min read . Updated: 12 Apr 2017, 01:09 AM IST
Passenger vehicle sales grew 9.24% to 3.04 million units during 2016-17, the highest since 2010-11 when they grew 28.2%, on the back of demand for SUVs
New Delhi: Sales of passenger vehicles in India during the fiscal year ended 31 March crossed three million for the first time ever, growing at the fastest rate in six years, largely on the back of demand for sports utility vehicles (SUVs), according to data released by industry lobby group Society of Indian Automobile Manufacturers (Siam) on Tuesday.
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