Mexican Media Brands
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.
#economics
Share
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.
RELATED CONTENT
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.