The overall passenger vehicle segment had witnessed 7.22% decline in sales during Q1 FY 2013-14 as against Q1 FY 2012-13. A total of 607,469 units were sold during the period as against 654,726 units during the same period of the previous financial year. The overall economy has taken a tumble, and now with the increase in Petrol Price by 1.55 Rs on 14-July-2013 will serve as a costly affair to manufacturers as well as buyers.
Source: Autobei
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