This is the time to get to see the huge lift slammed in the automobile sector. In fact, manufacturers ranging from two-wheelers to 4-wheeler have suffered a steep decline since the beginning of this year. However, there were some companies in the round which have seen a mild decline in sales. It is expected on the part of the producers to see some improvements in the auto industry after the elections and will reduce the decline. However, SIAM's report has once again forced everyone to think. In fact, Society of Indian Automobile Manufacturers (Society of India Automobile Manufacturers-SIAM) has released the May 2019 report. The report noted that the steep decline in May 2019 has been recorded at around 20.55 percent in passenger vehicle sales.

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According to a recent report, 2, 39347 passenger vehicles have been sold in May 2019. Talking about the same commercial vehicle segment, SIAM reported that 68,847 commercial vehicles were sold in May 2019. The sales of commercial vehicles this month have registered a decline of 10.02%, a decline of 6.73% in the 2-wheelers wholesale segment, where there has been a sale of 17, 26206 units in May 2019. Also, talk of the second catagaries has registered a drop of 8.62% in May 2019, where 20, 86358 units have been sold in May 2019.

For your information, Mahindra that the production (production) of all of its vehicles has been discontinued for 5 to 13 days. The company has taken this decision given the steep decline in demand. Mahindra has sold 20,608 passenger vehicles in May 2019. In May 2018, the company's 20,715 passenger vehicles were unsold. The company's sales have declined by 1 percent in the meantime. The UVs, in the passenger segment of cars and Vans Mahindra, are included.

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