Car sales fall 36% in July
Data released by SIAM on Wednesday shows that passenger cars sales fell to 122,956 units from 191,979 a year ago due to muted consumer sentiment.
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Auto industry seeks GST cuts from Budget 2019-20
The industry, which is facing headwinds such as rising fuel prices, muted consumer sentiment, and the transition to BS VI emission norms, expects the cut to provide some relief.
Auto sales decline 15.93% in April: SIAM
Passenger cars—the largest segment by volumes—were the worst hit. Sales fell 19.93% to 160, 279 units in April from 200,183 a year ago.
Pre-election uncertainty affects March auto sales
According to the latest figures released by SIAM on Monday, sales of passenger cars—the largest segment by volumes—dropped 6.87% from a year ago.
Passenger vehicle sales fall 1.87% in January
Sales of passenger cars—the largest segment by volumes—fell 2.65% to 179,389 units in January this year from 184,264 units a year ago.
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
Vehicle sales grow 3.43% in August: SIAM
Sales rose to 2,381,931 units as against 2,302,902 units in the year-ago period, SIAM data shows.
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 component industry records 18.3% growth
The auto component makers group seeks a uniform GST of 18% on all auto components.
Vehicle sales grow 25.23% in June: SIAM
Growth looks good due to the lower base last year which saw plummeting vehicle sales ahead of introduction of the GST in July, says SIAM.
