"For the eighth consecutive month car sales fell in India this June. And this time the entire sector is in trouble.
Domestic passenger car sales were down 9 per cent to 139,632 units, from 153,450 units a year earlier, according to data from the Society of Indian Automobile Manufacturers seen by the Press Trust of India.
Sales of SUVs had been providing a boost to the sector in previous months, with new launches satisfying a trend for the oversized roadsters among the better off in society. But even this segment isn’t propping up the industry anymore with sales of passenger vehicles – a figure that includes SUVs as well as cars – down 4.8 per cent year-on-year this June."
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