Pandemic Knocks Auto Industry Sales By A Third

Retail sales across categories of automobiles continued to recover even as the nation battles the second wave of the pandemic.Vehicle registrations—a measure of sales at dealerships—rose 8.8% sequentially to 16.50 lakh units in March, according to data from 1,225 regional transport offices in 32 states and union territories, collated by BloombergQuint from the website of the Ministry of Road Transport and Highways.Sales, however, are...