MUMBAI – Vehicle sales in India dropped 24.3 % in October compared with year-ago to 138,521 units, according to WardsAuto data. Inventories of gasoline-powered cars continued growing, despite generous discounts offered by dealers. But the waiting list for diesel-powered cars is lengthening as manufacturers delay investment while waiting for the government to clarify its policy on diesel-fuel pricing. “Demand for petrol (gasoline) cars has been hit hard,” says Vishnu Mathur, ...
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