Declining for the ninth consecutive month, domestic passenger vehicle (PV) sales dropped 30.98 per cent to 2,00,790 units in July, from 2,90,931 units in the same period a year ago.
Domestic car sales were down 35.95 per cent at 1,22,956 units as against 1,91,979 units in July 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.
Motorcycle sales last month declined 18.88 per cent to 9,33,996 units for the month as against 11,51,324 units in the year-ago period. Total two-wheeler sales in July declined 16.82 per cent to 15,11,692 units compared to 18,17,406 units in the year-ago month.
Sales of commercial vehicles were down 25.71 per cent to 56,866 units in July as compared with 76,545 units in the year-ago period, SIAM said.
Vehicle sales across categories registered a decline of 18.71 per cent to 18,25,148 units from 22,45,223 units in July 2018, it added.
also read
- Waiting for rains and pent-up demand post elections to save Indian auto!
- Electric dream spurs growth but why is India’s auto industry bracing for a challenge?
- Millions of recalled Hyundai and Kia vehicles with dangerous defect remain on US roads
- New EV Policy apart, a chicken-and-egg situation still haunts India’s electric mobility
In fact, all vehicle categories witnessed decline in sales during the month.
Amid decelerating growth in the auto sector, the industry leaders had met with Finance Minister Nirmala Sitharaman to demand special packages to bounce back. They said the government has indicated that it was considering to provide required stimulus to the sector.
Last week, it was reported that Maruti Suzuki India, the country's largest automaker, was downsizing the number of its temporary workers and had frozen hiring new employees until the downturn reversed. Reportedly, Maruti's Manesar plant in Haryana has reduced the number of shifts, with a few assembly lines not operating.
(With PTI inputs)
