Car sales rose by nearly 10% last month, overall passenger vehicles sales up by 17%

Last month saw a 9.62% jump in car sales in the country, with overall passenger vehicles sales growing by 16.78%. The rise could mainly be a result of an increase in the sales of utility vehicles including Maruti Suzuki's Vitara Brezza and Hyundai's Creta.

As per data from the Society of Indian Automobile Manufacturers (SIAM), sales of domestic passenger vehicle (PV) stood at 2,59,685 units in July, as compared to 2,22,368 units in July 2015.

"The new models in the UV segment have created a lot of excitement in the market. Also the sentiment is positive due to better rains and coming of the 7th Pay Commission. All these factors put together are responsible for the off take which is happening," SIAM Deputy Secretary General Sugato Sen was quoted saying.

Talking of the rise in overall PV sales, UVs remained the main driving force here, with a rise of 41.85% to reach 64,105 units, as compared to last July’s 45,191 units.

India’s biggest carmaker Maruti Suzuki has seen a rise in the sales of domestic cars by 2.21% in July to 93,634 units from 91,602 units a year ago. The sales of its UV jumped 151% and reached 17,382 units from 6,916 units.

Maruti Suzuki’s Hyundai Motor India Ltd (HMIL) also saw a rise in the number of cars by 12.15% in July 2016 as compared to July 2015. Talking of UVs, sales rose 15.93% from July last year.

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