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Dec 28, 2019, 10.11 AM IST

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    Auto blues: Passenger vehicle sales may skid 13% this year

    Dec 28, 2019, 07:38 AM ISTAuto blues: Passenger vehicle sales may skid 13% this year

    The industry is estimating sales to fall 13% from last year — worse than an 8% decline, the steepest so far, recorded in 1998 — to about 2.95 million units in 2019. This would take the volume below the levels three years back. In 2016, automakers had sold nearly 2.97 million units.

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