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Friday, 2 September 2011

Report of big decline in sales of Maruti Suzuki, Hyundai and Tata Motors in August

Passengervehicles
NEW DELHI: Domestic sales of cars a negative trend for the second consecutive month in August, with the best in the country, three car manufacturers - Maruti Suzuki, Hyundai and Tata Motors - report a sharp drop in the number of expensive loans and held off fuel buyers.
However, in vehicles like Honda Siel Cars, Volkswagen, Toyota Kirloskar, General Motors, Ford and Mahindra & Mahindra won, thanks to price cuts and new releases.

On Thursday Maruti Suzuki declared that it sold 77,086 units in the domestic market last month, down 16.8% from 92,674 units in the year-ago month. It was the carmaker's third consecutive monthly drop in sales, which was worsened by disruption in production due to labour unrest at its Manesar facility.Vcommindia News

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