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Passenger Vehicle Sales Down by 18% in June, Car Sales Decline by 25%

Vehicle sales across categories registered a decline of 12.34% to 19,97,952 units from 22,79,186 units in June 2018.

New Delhi: Domestic passenger vehicle (PV) sales declined by 17.54% to 2,25,732 units in June from 2,73,748 units in the year-ago period.

According to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday, domestic car sales were down 24.97 % to 1,39,628 units as against 1,83,885 units in June 2018.

Motorcycle sales last month took the biggest hit as sale units declined from 9.57 % to 10,84,598 units as against 11,99,332 units a year earlier. In June, specifically, the total two-wheeler sales declined 11.69% to 16,49,477 units compared to 18,67,884 units in the year-ago month.

The downturn in motorcycle sales was followed by the decline in sales of commercial vehicles which were down 12.27% to 70,771 units in June against 80,670 units in the same period a year ago, SIAM said.

Also read: Can India Become the Next China for Carmakers?

In fact, all vehicle categories witnessed a decline in sales during the month.

The overall vehicle sales registered a decline of 12.34% to 19,97,952 units from 22,79,186 units in June 2018.

In the April-June period, PV sales declined 18.42% to 7,12,620 units compared with 8,73,490 units in the year-ago period while vehicles sales across all categories declined by 12.35% to 60,85,406 units against 69,42,742 units sold in the year-ago period.

(PTI)

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