- Tag results for car sales
Though domestic car sales also declined, sales of two-wheelers and commercial vehicles increased.
This year is no different, with some carmakers having already announced price hikes while others are expected to follow suit soon.
India is one of the world's fastest growing passenger car markets, but rising fuel prices and higher interest rates have hurt sales.
Car sales declined 1.03 per cent to 1,96,847 units last month as against 1,98,892 units in August last year, according to data released by Society of Indian Automobile Manufacturers.
Major automobile makers today reported robust sales growth across segments driven by price reductions and restocking of vehicles at dealerships post GST implementation.