Cars, two-wheelers help auto industry grow at 6.81%
Tuesday, April 11, 2017, 10:57 PM
Riding on high single digit growth in passenger vehicles and two-wheelers, the country's auto majors sold a record 21.86 million vehicles in the domestic market during FY17. This includes passenger vehicles (cars, utility vehicles and vans), two-wheelers (motorcycles, scooters and mopeds), commercial vehicles (light, medium and heavy) and three wheelers. The industry's growth improved to 6.81%, stronger than the 3.78% reported in FY16.