Domestic car sales slump continues in June; only Mahindra posts 4% growth

Automakers sent fewer vehicles for despatch to dealers in June amid poor sentiment and lacklustre demand, shows monthly sales data released by companies on July 1. Auto companies in India count despatch to dealers as sales.

   

Combined sales of top six passenger vehicle makers dropped 16.3 per cent to 206,115 units compared to the same month a year ago.

Led by Maruti Suzuki that sells one in every two passenger vehicles, the June quarter has been the worst historically for passenger vehicle makers. Maruti’s sales during the three-month period fell 21 per cent year on-year. This is the sharpest drop