Car sales fall 9% in month of June Car sales in India fell an annual 9% in June, an industry body said on Friday (July 12, 2013), 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.
Posted on: Fri, 12 Jul 2013 06:13:33 +0000