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Auto sales fall by whopping 50% in June
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SME Times News Bureau | 14 Jul, 2020
Domestic passenger vehicle sales halved in June compared to the same
period of last year, due to the economic turbulence caused by
coronavirus crisis.
Accordingly, a total of 105,617 passenger
vehicles were sold in June 2020 in India, 49.59 per cent lower than the
209,522 units sold during the like period of 2019.
According to
the data released by the Society of Indian Automobile Manufacturers
(SIAM), car sales in the country plunged 57.98 per cent to 55,497 units
last month, compared to 132,077 units during the year ago period.
In a technical footnote, SIAM said the data does not include sales figures from some key players such as Tata Motors.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
|
78.25
|
75.65 |
| Japanese
Yen |
58.85 |
56.85 |
| As on 02 Oct, 2020 |
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