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India’s New-Car Market Shrinks 1%
Passenger vehicle sales in India, which have declined every month since August, slipped again in February, according to the Society of Indian Automobile Manufacturers.
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Passenger vehicle sales in India, which have declined every month since August, slipped again in February, according to the Society of Indian Automobile Manufacturers.
SIAM says last month’s volume dipped 1% to 172,300 vehicles. Demand for commercial vehicles slipped less than 1% to 87,000 units.
The Mumbai-based Economic Times says carmakers don’t expect sales will rally until after India’s general elections in April and May.
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