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, ...
Premium Content (PAID Subscription Required)
"India Sales Tumble in October" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642