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A note on car sales in June

The recent report from the Society of Indian Automobile Manufacturers states that there has been a decrease in the car sales compared to the last year. While speaking about the automobile giants, Maruti Suzuki underwent a decline in domestic sale by 16.25 percent compared to last year. In domestic market, this has been reported as the lowest sales performance ever since 2014. The company was adversely affected by the fire at one of its major plant that leads to suspension of production.  Though there has been a decline in the sale of Maruti Suzuki’s small cars, the sale of SUVs has grown higher compared to last year  The decline in domestic sale was due to the decline of rural market for small car and the increase in the demand for SUVs

As per the data released by the SIAM, the domestic passenger vehicle sale has grown higher compared to last year. Introduction of compact SUVs in automobile market has triggered the customer preference for the sale of Passenger Vehicle segment. There has been an increase in the passenger vehicles sales of SUVs like Vitara, Brezza and Creta. 

Now the gearheads have turned their interest on SUVs that has been introducing with modified features. SUVs with unique body, enhanced technologies, fuel efficiency and excellent performance, that too on affordable rates replaced the small car market in India. 

Own your dream SUVs to celebrate your precious moments. Get our assistance at loan.uaeexchangeindia.com/vehicle-loan/

 

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