Auto sales paint a mixed picture in January

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Auto sales paint a mixed picture in January

Feb 04, 2019 18:10 IST

It was a mixed bag for auto sales in January, as the industry continued to battle tepid sales growth and muted demand. Bajaj auto’s sales rose 15% helped by strong motorcycle sales while it’s competitor Hero MotoCorp saw sales drop by 9% due to a credit crunch. Tata Motor sales plunged 8% over a range of issues. Mahindra and Mahindra however rose 7% as commercial vehicle demand improved , as it di for Ashok Leyland that clocked 12% growth.

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