Maruti Suzuki’s car sales decline 33% in August

Maruti Suzuki’s car sales decline 33% in August

Car sales continue to drop in India as Maruti Suzuki reports a 33% decline in sales.

Sales of Suzuki in India have declined following lower consumer spending in India. (AFP picture)
MUMBAI:
Car sales at Maruti Suzuki India Ltd, the nation’s biggest car maker, dropped 33% to 106,413 units, the company said in a press statement Sunday.

Deliveries of its small cars fell about 72% to 10,123, while exports declined 10.8% to 9,352.

Car sales dropped 34% in July, the biggest decline in sales in almost seven years, as a slowdown in consumer spending, the largest driver of growth in the US$2.7 trillion economy, became more pervasive.

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