India car sales drop for 1st time in a decade
India car sales drop for 1st time in a decade Car sales in India fell by 6.7 percent in the past year, the first decline in a decade for the country's once-booming auto industry as it grapples with a wider economic malaise.
Car sales in India fell by around 15 per cent in July compared to a growth of 38 per cent in the same month last year, according to a report released by Crisil Research here today.