Steady Decline in Car Sales in India

There has been a steady decline in car sales in the country. In Q2,2019 there was a 19% fall in the car sales.

Source: Media reports

Among the top 5 manufactures, only Mahindra had a positive YOY growth in Q2,2019. Tata had the highest decline in terms of 30.21%.

Source : Media Reports

The situation has been worse in July, 2019. All the top 5 witnessed a decline with over 36% decline for Maruti, the market leader. This has been the lowest month for Maruti in the past two years.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s