ADVERTISEMENT
Car market endures worst sales streak in history
10 May 2013, 11:45 AM IST i

Save
India's car market is enduring its worst sales decline in history after sales in April fell for a sixth straight month, according to an industry body, as economic gloom and rising ownership costs savage a once much-vaunted growth market.
High interest rates, rising fuel costs and the dark clouds hanging over India's economy have all slashed demand for cars in a market where ownership levels lag Asian rival China and global autom...
ADVERTISEMENT