Sunday 17 November 2019
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business-standard - 1 month ago

Auto sales plunge by over 22 pc in September, slide continues for 11th straight month: SIAM

Domestic vehicle sales across all categories declined to 20,04,932 units during September, marking a fall of 22.41 per cent from 25,84,062 units in the year-ago period, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday.Domestic passenger vehicle sales dropped by 23.69 per cent to 2,23,317 units from 2,92,660 units in September last year, making it the 11th consecutive month of plunging vehicle sales in the country.Domestic car sales were down by 33.4 per cent to 1,31,281 units last month as against 1,97,124 units in September last year, the data showed.Motorcycle sales declined by 23.29 per cent to 10,43,624 units as against 13,60,415 units a year earlier. Overall two-wheeler sales in September declined by 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 per cent to 58,419 units in September as compared with 95,870 units in the same period of last year, SIAM said.The ..

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