Maruti Suzuki India Executive Director (Marketing and Sales) Shashank Srivastava differed with the views expressed by the Union Finance Minister. He stressed there is need to conduct a study to understand what led to the downfall rather than reaching such a conclusion.'Ola and Uber came into existence since the last 6-7 years. During this period, Automobile Industry has witnessed good growth. What happened in the recent months that led to severe crisis? I don't think its only because of Ola and Uber'.
Domestic Sales has decreased by 15.89 percent to 97,32,040 units during the period April to August 2019. Decline in August has been 23.55 percent, the highest of all the five months.
Maruthi Suzuki declared its sales kept declining for seventh consecutive month. In August, The sales of India's leading automobile firm fell by 32.7 percent to 1,06,413 units.