Auto sales in July fall for 9th consecutive month due to poor demand

Cumulative sales of India's top five manufacturers of passenger vehicles dropped by 30.6% to 172,992 units over July last year

Auto sales in July continued to go down as companies curtailed dispatches to dealers owing to poor demand, showed the monthly sales data released by auto companies on Thursday.

Auto companies in India count dispatches to dealers as sales.

Cumulative sales of India’s top five manufacturers of passenger vehicles — including Maruti Suzuki India, Hyundai Motor India, Mahindra and Mahindra, and Toyota Kirloskar Motor — fell by 30.6 per cent to 172,992 units over the same month last year.

The sharp decline in sales, for the ninth consecutive month, has heightened the pitch for a fiscal stimulus in the form of a GST