Motorcyclists travel along a road in Udaipur, Rajasthan, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

No Respite For India’s Automakers In January

Domestic passenger vehicle sales declined 1.87 percent to 2,80,125 units in January from 2,85,467 units in the same month last year.

Domestic car sales were also down 2.65 percent to 1,79,389 units as compared to 184,264 units in Jan. 2018, according to data released by the Society of Indian Automobile Manufacturers on Friday.

Motorcycle sales last month declined 2.55 percent to 10,27,810 units as against 10,54,757 units in the same month a year ago. Total two-wheeler sales in January were down 5.18 percent to 15,97,572 units compared to 16,84,761 units in the year-ago month.

Sales of commercial vehicles were, however, up 2.21 percent to 87,591 units in January, SIAM said. Vehicle sales across categories registered a decline of 4.68 percent to 20,19,331 units from 21,18,465 units in Jan. 2018, it added.

Also read: Auto Inventory Piles Up In January Despite New Launches And Discounts