New car sales in India increased 13% year-on-year last month, reaching 162,825 units. According to the Society of Indian Automobile Manufacturers (SIAM), this was the slowest growth rate reported by the industry since June 2009. The industry group has attributed this slow rate to rising prices, loan rates and fuel costs, Subscribe to Automotive World … Continued
New car sales in India increased 13% year-on-year last month, reaching 162,825 units. According to the Society of Indian Automobile Manufacturers (SIAM), this was the slowest growth rate reported by the industry since June 2009.
The industry group has attributed this slow rate to rising prices, loan rates and fuel costs,
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https://www.automotiveworld.com/articles/87092-india-industry-posts-slow-growth-rate-in-april/
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