Auto sales across all segments of the market continued the declining trend in June compared to the year-ago period as manufacturers slashed dispatches to keep inventory in check amid weak retail sales and poor buying sentiment.
Auto firms in India count deliveries to dealers as sales.
During the month, domestic sales across passenger vehicles (PVs), commercial vehicles (CVs) as well as two- and three-wheelers fell 12 per cent year-on-year, industry body Society of Indian Automobile Manufacturer (Siam) said on Wednesday.
Even as the industry body sticks to its earlier forecast of 2-5 per cent growth for PVs
Auto firms in India count deliveries to dealers as sales.
During the month, domestic sales across passenger vehicles (PVs), commercial vehicles (CVs) as well as two- and three-wheelers fell 12 per cent year-on-year, industry body Society of Indian Automobile Manufacturer (Siam) said on Wednesday.
Even as the industry body sticks to its earlier forecast of 2-5 per cent growth for PVs