Domestic car sales were down 41.09 percent to 1,15,957 units as against 1,96,847 units in August 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) released on Monday.
India's domestic passenger vehicle sales fell for the tenth straight month in August, declining 31.57 percent to 1,96,524 units from 2,87,198 units in the year-ago period.
Domestic car sales were down 41.09 percent to 1,15,957 units as against 1,96,847 units in August 2018, according to data released by the Society of Indian Automobile Manufacturers (SIAM) released on Monday.
Motorcycle sales last month declined 22.33 percent to 9,37,486 units as against 12,07,005 units a year earlier.
Total two-wheeler sales in August declined 22.24 percent to 15,14,196 units compared to 19,47,304 units in the year-ago month.
Sales of commercial vehicles were down 38.71 percent to 51,897 units in August, SIAM said.
Vehicle sales across categories registered a decline of 23.55 percent to 18,21,490 units from 23,82,436 units in August 2018, it added.
In fact, all vehicle categories witnessed decline in sales during the month.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
