INDIA SALES ANALYSIS: JUNE 2016
Maruti Suzuki, India's largest carmaker, which commands a near-50% share in the domestic PV market, is set to drag overall industry sales down for June 2016 as it has reported its lowest monthly sales in two years.
The last month of Q1 2017 proved to be a challenging one for the PV industry as Maruti Suzuki India, which commands a near-50 percent share in the domestic market, reported its lowest monthly sales in two years.
Overall car sales during the month dipped to 154,237 units from 162,655 units a year ago. Despite a surge of over 35 percent in UV sales, overall PV sales grew by a mere 2.6 percent in June 2016.
Among individual carmakers, Maruti Suzuki India announced domestic sales of 92,133 units in June 2016, a double-digit drop of 10.2% year on ...
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