- June 2020 saw 13 automakers post combined sales of 1,16,969 units
- Sales declined by 54 percent compared to June 2019
- Industry registered a growth of 218 percent over May 2020 sales numbers
After a washed-out April and a truncated May, June 2020 saw car companies and their dealers function, in different states of readiness, for the entire month. It seems that positivity is back and the June numbers show marked improvement over May.
Looking at the passenger vehicle (PV) segment, total sales across 13 automakers in June (as per industry and company figures) add up to 1,16,969 units; down 54 percent year-on-year (YoY) compared to June 2019’s 2,25,507 units. While this decline remains a sharp one, it looks good when seen in the light of the 218 percent month-on-month (MoM) growth over May’s meagre 36,697 units, admittedly on a very low base.
Let’s take a look at…