India’s passenger vehicle sales fall 24%

India’s passenger vehicle sales fall 24% in Sep to 2,23,317 units, down from 2,92,660 units in the year-ago period, making it the 11th following month of a drop in transportation off-take.

Domestic car sales were down 33.4% to 1,31,281 units current period as upon 1,97,124 units in September 2018, according to data published by the Society of Indian Automobile Manufacturers (SIAM) on Friday.

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India’s passenger vehicle sales fall 24% Motorcycle sales last month declined 23.29 per cent to 10,43,624 units as upon 13,60,415 units a year earlier.

Total two-wheeler sales in September decreased 22.09 per cent to 16,56,774 units compared to 21,26,445 units in the year-ago month.

Sales of commercial vehicles were down 39.06% to 58,419 units in September as compared with 95,870 units in the same period of last year, SIAM said.

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Vehicle sales across categories registered a decline of 22.41 per cent to 20,04,932 units from 25,84,062 units in September 2018, it added.

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