Profit

India August auto sales dip

PUBLISHED ON: September 3, 2012 | Duration: 2 min, 48 sec

   
loading..
The sharp slowdown in the economy coupled with a drop in rural income and weak monsoons hit auto sales in the month of August this year. There are expectations that the two-wheeler industry will continue to clock low single-digit growth, passenger cars (especially the entry segment) will see only a gradual demand recovery and the LCV segment to drive overall CV volumes as MHCV sales remain weak.
ALSO WATCH
Credit Burden: Farmers vs Corporates

................................ Advertisement ................................

................................ Advertisement ................................