According to SIAM, demand for cars has fallen in urban areas as compared to sales of rural area.
Sales of passenger vehicles, which include cars and utility vehicles, fell 9.3% in January. Due to increase in factory gate duties and rising prices of diesel, sales of utility vehicle has decline.
Demand for trucks and buses has been hit hard as industrial production and economic activity slows down.
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Various methods of selling used construction equipment.Sales of passenger vehicles, which include cars and utility vehicles, fell 9.3% in January. Due to increase in factory gate duties and rising prices of diesel, sales of utility vehicle has decline.
Demand for trucks and buses has been hit hard as industrial production and economic activity slows down.
JANUARY
2014
|
||
SEGMENT
|
SALES UNITS
|
% CHANGE
|
Cars
|
160,289
|
7.6% decline
|
Passenger vehicles
|
9.3% decline
|
|
motorcycles
|
922,323
|
4% rise
|
Commercial Vehicles
|
49,987
|
20.9% decline
|
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