Indian motor vehicle sales up 8.2% in Augus

In the first five months of the current Indian fiscal year (started April 1), motor vehicle sales in India decreased by 0.9 percent compared to the same period of the previous fiscal year, while the country's passenger vehicle sales during the period in question declined by 5.3 percent and the commercial vehicles segment registered a fall of 12.7 percent in sales, both on year-on-year basis.

Meanwhile, in the first five months of the current fiscal year India's total motor vehicle exports increased by 2.03 percent year on year. Passenger vehicle exports registered a year-on-year increase of 12.35 percent in April-August this year, while commercial vehicle exports decreased by 21.7 percent, both compared to April-August 2012.