| 4:26 PM EST

Car Sales Continue to Plummet in India


#Suzuki #Tata #Mahindra

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India’s top-three carmakers are reporting another round of double-digit sales declines for September, the eighth consecutive month of shrinkage.

Market leader Maruti Suzuki India reports that its sales, including exports, dropped 24% to 122,600 units last month. Domestic sales sagged 27% to 110,500 vehicles.

SUV specialist Mahindra & Mahindra reports a 21% drop in September overall sales to 43,300 cars and trucks The company’s passenger-car deliveries plummeted 33%.

Tata Motors says its domestic sales plunged 50% to 32,400 vehicles last month. Demand for the company’s passenger vehicles fell 56%.

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