As per the data released by the Society of Indian Automobile Manufacturers (SIAM), the automotive sector continues to see a decline in sales, although the slowdown is not as bad as the year before.
Image used for representational purpose. (Image: PTI)
The sales figures for the month of December 2019 are here and while the slowdown is continuing, as there has been a decline registered across segments, the effect is not as bad as it has been in the past few months. As per the data released by the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales in India declined by 1.24 per cent to 2,35,786 units in December from 2,38,753 units in the year-ago period. Domestic car sales were down by 8.4 per cent to 1,42,126 units as against the 1,55,159 units that were sold in December 2018.
Total two-wheeler sales, in December, declined 16.6 per cent to 10,50,038 units compared to 12,59,007 units in the year-ago month. As for the motorcycle sales last month, it too declined by 12.01 per cent to 6,97,819 units as against 7,93,042 units a year earlier.