Mumbai, Oct. 12 -- The slump in auto sales continues in India. As per the latest data released by Society of Indian Automobile Manufacturers (SIAM), the automotive industry in the country produced a total of 14,427,724 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-September 2019 as against 16,645,330 in April-September 2018, a de-growth of 13.32 percent. The sale of Passenger Vehicles declined by 23.56 percent in H1 FY20 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans declined by 30.30 percent, 3.78 percent and 35.46 percent respectively in April- September 2019 over the same period last year.
Commercial V...