Car sales almost halve in July-Sept

Car sales plunged 44 per cent followed by a 23 per cent drop in jeeps, SUVs and pickups during the July-September quarter despite a month-on-month (MoM) jump in August and September. Barring tractor sales, other segments also gave a dismal performance led by a drop of 47pc in trucks, 32pc in buses and 10pc in two- and three-wheelers. Total car sales clocked in at 16,021 units in July-September FY24 as compared to 28,571 in the same period last fiscal year, while September sales crawled up to 6,410 units from 5,909 units in August and 3,702 units in July. Honda Civic/City sales stood 63pc lower at 1,860 units from 5,045, while Suzuki Swift sales plunged by 40pc to 1,261 from 2,116 in 1QFY23. Toyota Corolla and Yaris sales halved to 3,236 units from 6,415 units. Suzuki Cultus and WagonR sales plunged 55pc and 32pc to 814 and 963 from 1,823 and 1,413 units. Suzuki Bolan and Alto 660cc also suffered a drop of 54pc and 27pc to 541 and 6,760 units from 1,189 and 9,283 units.