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Auto Sales Volume Will Take 3-4 Years To Recover, Says Industry Body

Passenger vehicle sales dropped 50% in June
Passenger vehicle sales dropped 50% in June
India's auto sales volume will take another 3-4 years to reach 2018 levels, with the coronavirus-induced lockdown hurting the sector already reeling from poor demand, news agency Reuters reported on Tuesday, quoting Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera. Releasing the auto sales numbers for the month of June, SIAM on Tuesday said that passenger vehicle sales in the country declined 49.59 per cent l...
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