STOCK MARKET BSE NSE

Passenger vehicle sales fall 18 per cent in June while car sales decline 25 per cent

According to SIAM, domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018.

Published: 10th July 2019 02:44 PM  |   Last Updated: 10th July 2019 02:44 PM   |  A+A-

Toyota logo used for representation (File Photo | Reuters)

By PTI

NEW DELHI: Domestic passenger vehicle (PV) sales declined by 17.54 per cent to 2,25,732 units in June from 2,73,748 units in the year-ago period.

Domestic car sales were down 24.97 per cent to 1,39,628 units as against 1,83,885 units in June 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) Wednesday.

Motorcycle sales last month declined 9.57 per cent to 10,84,598 units as against 11,99,332 units a year earlier. Total two-wheeler sales in June declined 11.69 per cent to 16,49,477 units compared to 18,67,884 units in the year-ago month.

Sales of commercial vehicles were down 12.27 per cent to 70,771 units in June against 80,670 units in the same period a year ago, SIAM said. Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018, it added.

In fact, all vehicle categories witnessed a decline in sales during the month. In the April-June period, PV sales declined 18.42 per cent to 7,12,620 units compared with 8,73,490 units in the year-ago period. Vehicle sales across all categories declined by 12.35 per cent to 60,85,406 units in the April-June period against 69,42,742 units in the same period of last year.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp