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Auto sales eases in July
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SME Times News Bureau | 11 Aug, 2020
The sales contraction in the domestic passenger vehicles segment eased
in July compared with earlier month, industry data showed on Tuesday.
A
total of 182,779 passenger vehicles were sold in July 2020 in India,
3.86 per cent lower than the 190,115 units sold during the like period
of 2019.
In June, domestic passenger vehicle sales had halved
compared with the same period last year, due to the economic turbulence
caused by the coronavirus crisis.
Besides, the data released by
the Society of Indian Automobile Manufacturers (SIAM) on Tuesday showed
that car sales in the country plunged by 12.02 per cent to 102,773 units
last month, compared with 116,814 units during the year-ago period.
As per SIAM, the data does not include sales figures from some key players such as Tata Motors.
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