on Tuesday reported a 70 per cent drop in M&HCV truck sales in the domestic market during the month of August to 3,336 units from 11,135 units, a year ago. Total sales of M&HCVs, including buses, dropped by 63 per cent to 4,585 units from 12,420 units in the previous year.
The sales of light commercial vehicle fell 12 per cent to 3,711 units in August 2019 from 4208 units in August last year. Total vehicle sales, including all these categories, declined 50 per cent to 8,296 units from 16,628 units in August, last year.
Domestic sales and exports of M&HCV trucks fell 70 per cent to 3,550 units from 11,717 units a year ago. However sales of M&HCV buses rose 25 per cent to 1,799 units from 1,441 units last year. The sales of LCVs dropped 8 per cent to 3,882 units from 4,228 units, a year ago.
Total vehicles sales, domestic and exports, dropped 47 per cent to 9,231 units in August 2019 from 17,386 units in Augsut 2018.