According to the Society of Indian Automobile Manufacturers, or SIAM, new car sales fell 16 percent in July to just 133,747 units. That marks India first market decline since January 2009 and the country's biggest sales decrease since November 2008.
Production issues at Maruti Suzuki also hurt the overall market. Maruti Suzuki is Indi's largest car manufacture, but an undisclosed production issue cost the company about 17,000 sales in July. However, Maruti Suzuki wasn't the only Indian automaker to feel the strain as sales of Tat's tiny Nano city car continued to decline during the month.
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1.'Indian car sales...' view
