Auto industry woes pile up, sales in July the worst in nearly 19 years
- The drop in sales of utility vehicles came despite the recent launch of new models such as the XUV300 and the Venue
- Sales of motorcycles dropped 19% to 933,996 units, while scooter sales fell 12% to 526,504 units
India’s passenger vehicle industry suffered its worst sales performance in nearly 19 years in July as a slowing economy, higher ownership costs and floods in some states deterred buyers.
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