MUMBAI – India’s automotive market lost its shine in April, after two years of non-stop 30% average monthly growth in light-vehicle sales. Last month was not a complete loss, with deliveries rising 14.1% ahead of like-2010 to 238,415 units, according to Ward’s data. Cumulative sales in the year’s first four months climbed 20% to more than 1 million LVs. But April is an indication times are changing for a market has been able to maintain double-digit growth even through the worst of the ...

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