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Domestic car sales jump 34 pct in Oct

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    Domestic passenger car sales stood at 1,32,615 units in October.

    The domestic passenger car sales registered a healthy 34 per cent jump in October on continuing festive demand, while sale of commercial vehicles soared 52 per cent, signalling that economic recovery is gaining ground.

    According to Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales stood at 1,32,615 units in October, the seventh consecutive month of growth, compared with 99,052 units in the same month a year ago.

    Motorcycle sales in the month rose by 14.22 per cent at 6,11,828 units from 5,35,642 units in October 2008, it added. Carrying forward the upward march that began in July, after 11 months of slump, sale of commercial vehicles in the country registered a robust 51.90 per cent growth in October at 42,562 units, against 28,019 units in the year-ago period.

    In the passenger car segment during October, sales of the market leader Maruti Suzuki India increased by 21.50 per cent to 63,365 units from 52,153 units in the year-ago period.

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    The country's second largest carmaker Hyundai Motor India registered 41.50 per cent growth at 28,301 units, SIAM said. Tata Motors' sales went up at 17,557 units from 14,100 units in October last year, a jump of 24.52 per cent.

    In the motorcycle segment, market leader Hero Honda's sales increased by 1.12 per cent at 3,32,476 units in October compared with 3,28,788 units in the year-ago month.

    Rival Bajaj Auto's sales soared by 75.18 per cent at 1,79,111 units, against 1,02,242 units in October last year, SIAM said.

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