> For the first time in two months, sales of passenger vehicles decreased in July ~ Venturebeat

For the first time in two months, sales of passenger vehicles decreased in July


In the last 9 months, the domestic sales of passenger vehicles have fallen for the first time in July. The main reason for this was the high surge in the sale of vehicles by the introduction of goods and services tax in July last year. According to the data of the Association of Automobile Manufacturers, Siyam says, In July this year, domestic sales of passenger vehicles dropped by 2.71% to 2,90,960 units as against 2,99,066 vehicles in the same month last year.  The domestic sales of Cars has decreased from 1,92,845 cars last year to 1,91,979. The Director general of syam said," In July last year, GST was introduced, which led to boom in sales of passenger vehicles, So despite this slight decline this year, we are happy with the current situation because it indicates that the industry is moving forward in the right direction.

Very little decrease in Maruti Suzuki's sale

Due to higher sales in August and September last year, we are likely to see a decline in sales this month, Maruti Suzuki's sales of passenger vehicles in july in the minority segment declined marginally to 1,52,427 vehicles, their rival Hyundai Motor India sold 1.1% of its sales during the period of 43,481 cars.
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