Auto Sector Blues: Vehicle Sales Tumble 42% In June

by GoNews Desk Jul 22, 2020 • 08:19 PM Views 921

According to the latest report of the Federation of Automobile Dealers Association, there has been a 42% decline in vehicle sales in June. In June last year 16,97,166 vehicles were sold, but in June this year, the sales have come down to 9,84,395 units. Commercial vehicles were the most-hit, with sales down 83.83%. In June last year, 64,976 commercial vehicles were sold, which came down to 10,509 in June this year. Only the tractor segment looks set to clock a positive annual growth.