November 10, 2010 1:28 PM

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Auto sales reach peak in October; cross 14 lakh units

Auto sales continued to break record for the fourth consecutive month in October. Society of Indian Automobile Manufacturers today stated that total vehicles sold in the country last month at 14,60,655 units was better than the mark set in September this year. SIAM said the record numbers in October was driven by best-ever monthly sales achieved in passenger cars, motorcycles and total two-wheelers segments. The overall vehicles sold in the domestic market during October grew by 45.93 per cent, from 10,00,953 units in the same month last year. SIAM Director General Vishnu Mathur told reporters in New Delhi that New model launches have also helped increasing excitement in the market and creating demand.

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