Business News
Home > Business News
In reverse gear: Festivals fail to boost auto sales
TIWN
TIWN
PHOTO : TIWN
New Delhi, Nov 12 (TIWN) Despite the traditional up-tick in sales during the festive season, the slump in the domestic automobile sector continued unabated in October with the overall sectoral off-take plunging 12.76 per cent.
On Monday, data furnished by the Society of Indian Automobile Manufacturers (SIAM), showed that the Indian automobile sector's total sales declined by 12.76 per cent to 2,176,136 units in October, from 2,494,345 units sold during the corresponding month of the previous year.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals