Passenger Vehicle Sales Plunge 31%, Steepest Fall In Nearly 2 Decades

Loading...

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added by admin
8 Views
Domestic passenger vehicles sales in India plunged 30.98 per cent to 2,00,790 units last month, data from industry body SIAM or Society of Indian Automobile Manufacturers revealed on Tuesday. The drop in sales is the worst since December 2000, when the industry sold a fifth of the vehicles it sells currently. The sales report highlighted that passenger vehicle sales in the country declined for the ninth month in a row amid a contraction across segments as the "auto industry downturn" deepened. Out of the total passenger vehicle sales, the figure for the passenger car segment declined 35.95 per cent to 1,22,956 in July, according to SIAM data.
NDTV is one of the leaders in the production and broadcasting of un-biased and comprehensive news and entertainment programmes in India and abroad. NDTV delivers reliable information across all platforms: TV, Internet and Mobile.
Subscribe for more videos:
Like us on Facebook:
Follow us on Twitter:
Download the NDTV Apps:
Watch more videos:
Category
Asia

Post your comment

Sign in or sign up to post comments.

Comments

Be the first to comment