Indian Auto Sector Crisis Deepens, Passenger Vehicle Sales Down by 23.69% in September 2019

With reports of the economic crisis gripping the auto sector completely, Society of Indian Automobile Manufacturers (SIAM) data has revealed that there has been a plunge of 23.69 percent in the sale of passenger vehicles in last month of the second quarter of the Fiscal (FY) Year 2019-20. Not just that, the sales of commercial vehicles has dropped by 62.11 percent in September 2019. Watch the video for details on how each category of the automobile sector has been hit.