SALES of vehicles across segments in the automobile sector continued their slide in September with leading manufacturers of passenger vehicles, two-wheelers and medium and heavy commercial vehicles, reporting a sharp fall compared with the same month last year. September’s sales were, however, better than the previous month, providing some relief to auto companies.
While Maruti Suzuki reported a 27% drop in domestic car sales at 1.1 lakh units, Bajaj Auto saw a 35% drop in motorcycles at 1.77 lakh units. Ashok Leyland announced sale of 4,035 units of medium and heavy commercial vehicles in September, a sharp 69% decline compared with September 2018.
Among other passenger vehicle manufacturers, while Hyundai Motor India reported a 14.8% drop in sales in September at 40,705 units, sales of Honda Cars India witnessed a 37% decline in sales to 9,301 units last month. Toyota Kirloskar’s car sales witnessed a 18.5% drop year-on-year at 10,203 units last month.