Retail sales of automobiles in the country dropped by nearly 15 per cent to 1,606,002 units in December 2019, the highest decline in the current financial year.
Earlier, the Society of Indian Automobile Manufacturers (Siam), which monitors wholesale data, showed that total vehicle sales across categories registered a decline of 13.08 per cent to 1,405,776 units from 167,398 units in December 2018.
Federation of Automobile Dealers Associations (FADA) data shows that total vehicle registrations dropped to 1,606,002 units in December 2019 from 1,880,995 units a year ago.
While commercial vehicle (CV) sales were the worst hit, down
Earlier, the Society of Indian Automobile Manufacturers (Siam), which monitors wholesale data, showed that total vehicle sales across categories registered a decline of 13.08 per cent to 1,405,776 units from 167,398 units in December 2018.
Federation of Automobile Dealers Associations (FADA) data shows that total vehicle registrations dropped to 1,606,002 units in December 2019 from 1,880,995 units a year ago.
While commercial vehicle (CV) sales were the worst hit, down