SME Times is powered by   
Search News
Just in:   • Sensex opens 170 points higher, Airtel top gainer  • US extends Huawei 90-day reprieve for third timeUS extends Huawei 90-day reprieve for third time  • Snapchat says it fact-checks all political ads  • Microsoft updates cloud contracts following EU privacy probe  • Techie in Pak custody was in depression, missing since 2017  
Last updated: 11 Jun, 2019  

Car.9.thmb.jpg Auto sales down 26 pc in May

Car.9.jpg
   Top Stories
» Rs 15 lakh cr bank credit to MSMEs last fiscal
» Panel bats for decriminalising more provisions of Companies Act
» India targets $26 bn defence industry by 2025: Rajnath
» Modi meets Bill Gates
» Online registration for IndiaSkills 2020 opens
SME Times News Bureau | 11 Jun, 2019

The Society of Indian Automobile Manufacturers (SIAM) on Tuesday said that domestic passenger cars' sales fall in May with the segment's off-take falling 26.03 per cent.

According to industry observers, high base effect, along with low demand and high interest cost continued to dent purchases.

Passenger cars sales in the domestic market dropped to 147,546 units from 199,479 units sold during May 2018.

Among the other sub-segments of passenger vehicles, the number of utility vehicles sold in India went down by 5.64 per cent to 77,453 units in May 2019, while 14,348 vans were sold last month, down 27.07 per cent from 2018.

Overall, passenger vehicle sales declined 20.55 per cent in May to 239,347 units from 301,238 units.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 19 Nov, 2019
  Daily Poll
Ease of doing business improved in last one year
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
» Mishra for separate polices, simple processes to help MSMEs(1)
» Online registration for IndiaSkills 2020 opens(1)
» Good progress made in the field of MSMEs: Gadkari(1)
» Awareness drives on MSME benefits(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter