Light Vehicle Sales: India slips to 4th rank
Tim Armstrong, who heads automotive planning solutions at S&P Global Mobility, attributes the trend reversal to the drying up of pent-up demand in India, rising interest rates and an increase in vehicle prices which has hit the entry-level car buyers hard.
Tags : india s&p global mobility s&p mumbai japan light vehicles sales passenger vehicles commercial vehicles
Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.