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Passenger vehicles sales increases 15% in April

The domestic passenger vehicle sales has been increased 14.68 percent to 2,77,602 units in April from 2,42,060 units as compared to the same month of last year.

According to the data released by the Society of Indian Automobile Manufacturers (SIAM), the domestic car sales increased 17.36 percent to 1,90,788 units as against 1,62,566 units in April last year.

The sale of Motorcycle has been increased marginally at 10,29,972 units as compared to 10,24,895 units a year earlier.

Read EquityPandit’s Technical Analysis on Nifty Auto

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