(A) The industry has not been able to recover since the

Solution

CBDE INTRODUCTION In the steepest fall in nearly 18 years, the domestic passenger vehicle sales declined by 20.55% in May 2019, prompting the industry to seek government support. REASON BEHIND THE FALL The decline in wholesale auto numbers continued mainly due to weak consumer demand, forcing manufacturers to undertake inventory correction. DATA COLLECTED The passenger vehicle sales declined to 2.39 lakh units last month against 3.01 lakh units in May 2018, according to the data released by industry body Society of Indian Automobile Manufacturers (SIAM) on Tuesday. The data also showed that this was the steepest decline in passenger vehicle sales since September 2001, when the sales were down by 21.91%.