Passenger vehicle sales drop the most in 6 years in April; Maruti worst hit

Firms expect sales to improve after the elections

Passenger vehicles sales in India in April dropped the most in five years, shows an aggregate data comprising India’s top six manufacturers. Cumulative domestic sales of Maruti Suzuki India, Hyundai Motor India, Mahindra and Mahindra, Tata Motors, Honda Cars India and Toyota Kirloskar fell 16.2 per cent to 227,429 units over a year-ago period, according to the data released by the firms on Thursday. The volumes were dragged down by Maruti Suzuki that saw a steep decline of 20 per cent in its monthly sales year-on-year. 

One in every two passenger vehicles sold in India come from Maruti’s stable. Sales at