FILE PHOTO: Cars are seen parked at Maruti Suzuki's plant at Manesar, in the northern state of Haryana, India, August 11, 2019. REUTERS/Anushree Fadnavis/File Photo
NEW DELHI - India’s passenger vehicle sales slumped 23.7% in September - the eleventh straight month of declines - amid one of the worst slowdowns seen in the auto industry, data released by an industry body showed on Friday. Passenger vehicle sales dropped to 223,317 units in September, the Society of Indian Automobile Manufacturers data showed, while passenger car sales dived 33.4% to 131,281 units.
The data comes as the domestic automobile industry faces a crippling slowdown in demand that has led to production cuts and thousands of job losses.Our Standards:
ECONOMY down kashmir is locked
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With the way their streets and roads are crowded. They say they're better off on motorcycles. It will still dip further by the end of year toughened by economic challenges with purchasing power having dropped.
Doesn’t like a booming economy
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