MUMBAI – Indian auto makers’ efforts to halt a sales slide that began last year are being thwarted by a stagnant economy, weak corporate earnings, rising costs of financing and the rupee’s double-digit loss of value in global markets. Light-vehicle deliveries fell 8.4% in May compared with a year earlier, according to WardsAuto data. This included an 11.9% retreat in car sales. Market reports indicate June results may be even more disappointing, despite the auto ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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 pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.