Passenger car sales slump 24% in June
Overall sales of the auto industry, which has been facing headwinds for more than a year, fell 12.34% to 1,997,952 units in June from 2,279,186 units a year ago.
commercial vehicles
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Retail passenger vehicle sales down by 3%: FADA
Federation of Automobile Dealers Association said that while auto sales are still in choppy waters, initial signs of positive consumer sentiment can be seen post the dull festive season.
Passenger vehicle sales fall 3.43% in November
According to SIAM, low consumer sentiments and tight liquidity drove down vehicle sales in November.
Passenger vehicle sales revive marginally in October: SIAM
While domestic passenger car sales rose slightly, exports were down 13.40% in October.
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Passenger vehicle sales fall 5.6% in September: SIAM
Domestic sales face headwinds due to rising fuel prices, but exports and production figures look quite healthy
Passenger vehicles sales take a hit in July: SIAM
But according to SIAM data, it was a good month for commercial vehicles and two-wheelers.
‘Auto industry capex to rise over 30%’
Capex is expected to get a push with many new model launches in 2019 and an increase in investment in product development in the pipeline.
May auto sales grow 12% over last year
Commercial vehicles sales grew 43% over year-ago period while passenger vehicles grew nearly 20%.
