Car sales con­tinue down­hill trip in Sept

The Times of India (New Delhi edition) - - Times Global - TIMES NEWS NET­WORK

New Delhi: With fes­tive sea­son set­ting in, car sales con­tin­ued its down­ward jour­ney as whole­sale de­liv­er­ies by com­pa­nies fell again in Septem­ber. How­ever, some man­u­fac­tur­ers said re­tail sen­ti­ments seem to be turn­ing pos­i­tive, and em­pha­sised that num­bers are in the black when com­pared to de­liv­er­ies made in Au­gust.

Maruti saw a 27% de­cline in vol­umes in Septem­ber. Tight liq­uid­ity — for deal­ers and re­tail cus­tomers — and slower growth have im­pacted de­mand for cars and SUVs. Even ad­di­tion of new brands such as Kia and MG Mo­tors

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