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Car sales decline for eighth straight month in June

Auto makers sold 139,632 cars last month, according to Siam data; sales of motorcycles down 9.2%
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First Published: Fri, Jul 12 2013. 10 01 AM IST
Sales of motorcycles fell 9.2% in June to 799,139 vehicles, Siam said, while truck and bus sales were down 13.5% at 56,197 vehicles. Photo: Pradeep Gaur/Mint
Sales of motorcycles fell 9.2% in June to 799,139 vehicles, Siam said, while truck and bus sales were down 13.5% at 56,197 vehicles. Photo: Pradeep Gaur/Mint
Updated: Sat, Jul 13 2013. 01 16 AM IST
New Delhi: Car sales in India fell an annual 9% in June, an industry body said on Friday, as demand continued to suffer due to rising ownership costs and sluggish economic growth.
Automakers sold 139,632 cars in India last month, according to data from the Society of Indian Automobile Manufacturers (Siam), with demand dropping for the eighth straight month.
Sales of motorcycles fell 9.2% in June to 799,139 vehicles, Siam said, while truck and bus sales were down 13.5% at 56,197 vehicles.
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First Published: Fri, Jul 12 2013. 10 01 AM IST
More Topics: Car sales | Siam | auto | Motorcycles | economic growth |
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