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Traveler vehicle deals drop 24% in September

Local vehicle deals were down 33.4 percent to 1,31,281 units a month ago as against 1,97,124 units in September 2018, as per information discharged by the Society of Indian Automobile Manufacturers (SIAM) on Friday. 

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Featuring the proceeded with log jam in the car segment, residential traveler vehicle deals recorded a drop of 23.69 percent in September to 2,23,317 units, down from 2,92,660 units in the year-prior period. 

Household vehicle deals were down 33.4 percent to 1,31,281 units a month ago as against 1,97,124 units in September 2018, as per information discharged by the Society of Indian Automobile Manufacturers (SIAM) on Friday. 

Bike deals a month ago declined 23.29 percent to 10,43,624 units as against 13,60,415 units per year sooner. 

Complete bike deals in September declined 22.09 percent to 16,56,774 units contrasted with 21,26,445 units in the year-prior month. 

Offers of business vehicles were down 39.06 percent to 58,419 units in September as contrasted and 95,870 units in a similar time of a year ago, SIAM said. 

Closeout of vehicles over the car division including — traveler vehicles, bikes and business vehicles — enlisted a decrease of 22.41 percent to 20,04,932 units from 25,84,062 units in September 2018.




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