New Delhi, Aug. 16 -- India's passenger vehicle industry suffered its worst sales performance in nearly 19 years in July as a slowing economy, higher ownership costs and floods in some states deterred buyers. Sales fell 31% to 200,790 vehicles last month from 290,931 units a year earlier, showed data released on Tuesday, 13 August, by the Society of Indian Automobile Manufacturers (Siam). It was the worst sales performance since a 35% decline in December 2000. This was also the ninth straight drop in monthly passenger vehicle sales. Sales have fallen in 12 of the 13 months since July 2018, underscoring the sharp slowdown in demand in the world's fourth-largest automobile market. In July, passenger car sales plunged 36% to 122,956 units, whi...