India: New car market contracts 19% in August

Passenger car sales in India declined by nearly 19% in August, which according to the Society of Indian Automobile Manufacturers (SIAM) was the biggest drop in ten months. In October 2011, the industry reported a 23.7% drop in sales. A total of 118,142 passenger cars were sold in the country last It’s time to log … Continued

• By Webmaster
• September 10, 2012