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Passenger Vehicle Sales Plunge 31%, Steepest Fall In Nearly 2 Decades: 10 Points

Domestic passenger vehicle sales fall for ninth straight month Passenger car sales down 35.95% at 1,22,956 in July, data shows Jobs of about 10 lakh workers at risk, says SIAM director general

Domestic passenger car sales declined 35.95 per cent to 1,22,956 in July, according to SIAM data
Domestic passenger car sales declined 35.95 per cent to 1,22,956 in July, according to SIAM data
The data also showed that domestic passenger vehicle production was down 16.52 per cent last month. Production of passenger cars stood at 2,05,194 units in July, down 20.08 per cent compared with the year-ago period. The data from SIAM comes at a time the auto sector is struggling against low consumer demand and lakhs of estimated job cuts. “More than 3 lakh temporary and casual workers in the automobile sectors are estimated to ...
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