Sales at India’s top two manufacturers of passenger vehicles (PVs) fell sharply in April over the same month a year ago as the companies curtailed dispatches to dealers amid weak buyer sentiment and slowing sales.
While Maruti Suzuki’s PV sales in the domestic market dropped 19.6 per cent in April, for Hyundai the fall was 10 per cent over last year, the companies said in a statement on Wednesday.
Auto companies are bracing for tougher months ahead as stricter regulations and tepid sentiment are likely to affect sales.
During the month, Maruti delivered 131,385 units to its dealers against
During the month, Maruti delivered 131,385 units to its dealers against