India: Car sales drop for the first time in 30 months

Passenger car sales in India fell for the first time in July, following 30 consecutive months of growth. Last month, car sales fell by 15.8% to 133,747 units, compared with 158,767 cars sold in July 2010. The Society of Indian Automobile Manufacturers (SIAM) attributed this decline in sales primarily to hikes Subscribe to Automotive World … Continued

• By Webmaster
• August 11, 2011