Indian Government notifies about decline in auto sales  [ India ]

On November 19, Indian Government notified that there is cyclical slowdown across sectors including automotive sector since last few months.  But the festival demand has shown YoY growth at 0.3% in the Passenger Vehicle Segment. The main reason behind decline are reduction in finance availability to auto sector, increase in Axel Load limit for commercial vehicles, insurance premium for 3 y...
<Nov 20, 2019>