July 10, 2019 / 7:36 AM / 10 days ago

India passenger vehicle sales slump in June

FILE PHOTO: Vehicles are seen in a traffic jam during rush hour in Mumbai February 8, 2012. REUTERS/Danish Siddiqui/File photo

BENGALURU (Reuters) - India’s passenger vehicles sales slumped 17.54% in June, an auto industry body said on Wednesday, resulting in an 18.4% fall in sales in the first quarter.

Domestic passenger vehicles sales fell to 225,732 last month from 273,748 in the year-ago period, while two-wheeler sales dropped 11.7% in June, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

For the quarter ended June 30, vehicle sales across all categories declined by 12.35% to 6.1 million units.

Earlier, India’s largest carmaker Maruti Suzuki Ltd cut production for a fifth straight month in June on surging inventories.

Reporting By Arnab Paul in Bengaluru; Editing by Rashmi Aich

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below