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India’s passenger vehicles sales slump 31% in July
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This is amid a deepening crisis in the auto sector that has triggered massive job losses.
India’s domestic passenger vehicle sales fell 30.9% in July, an auto industry body said on August 13, marking a ninth straight decline in monthly sales amid a deepening crisis in the auto sector that has triggered massive job losses.
The country’s automakers sold a total of 200,790 passenger vehicles in July, according to data released by the Society of Indian Automobile Manufacturers (SIAM). The data also showed that domestic passenger vehicle production was down nearly 17% in the month.
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