Honda Cars Sunday reported a 50% decline in its domestic car sales to 6,459 units for the month of November

Tata Motors' total domestic sales were down 25 per cent at 38,057 units as compared to 50,470 units in November last year

Domestic sales were up 2 per cent at 44,600 units as against 43,709 units in November 2018, Hyundai Motor India Ltd (HMIL) said in a statement

The decline in Maruti's sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession

The company accomplished this landmark number in less than 37 years of selling its first car on December 14,1983, when it first rolled out the iconic Maruti 800

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Launched in 2000, Alto crossed the 10 lakh sales mark in 2008 and in 2012 it reached the 20 lakh milestone.

As the economy goes into a tailspin, jobs across industries are becoming a casualty

Maruti Suzuki S-Presso comes with a 1.0 litre K10 engine with BS-VI compliance and is sold through the Maruti Suzuki's Arena branded showrooms

Maruti Suzuki stated that the revised ex-showroom price of the BS-VI compliant Wagon R 1 litre (petrol) variants in Delhi and NCR starts at Rs 4.42 lakh

Maruti Suzuki finds itself at the receiving end of the unprecedented slowdown in India's automobile market. It has slipped out of the top 10 list.

There are numerous reasons for this mess. To begin with, retail prices of petrol and diesel hit record highs in October 2018 due to high international crude oil prices

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Even in the passenger vehicle segment, the heavy lifting was done by utility vehicles that saw a 22 per cent increase in sales, thanks to new products like the Kia Seltos, MG Hector, Hyundai Venue, Maruti XL6 and Mahindra XUV3OO

The mid-size segment, which comprises cars like Ciaz, saw the steepest decline of 45 per cent with the company producing just 1,922 units against 3,513 units rolled out in the year-ago period

India's auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers' buying power

The Japanese automaker issued the warning after it reported a slump in quarterly profit this week on tumbling sales at its Indian unit, Maruti Suzuki which accounts for half the number of cars sold in India

In its very first month, Maruti's new hatchback S Presso entered the list in the 8th position while another new entrant Kia Seltos logged its best ever sales in a month in its short three month lifespan with 12,854 units

Maruti Suzuki made most of the festive season and posted a growth of 4.5 per cent in its domestic wholesales at 1,44,277 units in October