Maruti Suzuki sales fall for 5th consecutive month as auto industry slowdown continues
Updated : September 02, 2019 08:21 AM IST
Maruti Suzuki India on Sunday reported a 32.7 percent decline in its total vehicle sales in August 2019 on a year-on-year (YoY) basis. This is a fifth consecutive month of declining sales reported by the country's largest automaker.
In August, Maruti Suzuki sold a total of 106,413 units, including exports, a decline of 51,776 units compared to 158,189 that the company sold in the same month last year.
Automakers in the country have consistently recorded declining sales over the past few months with the ongoing economic slowdown impacting the automobile industry the worst.