New Delhi: Car sales fell 1.8% in September, an industry body said on Monday, as rising interest rates and vehicle costs hurt demand in the world’s second-fastest growing auto market after China.

Visitors inspect cars on display at a stall, during the “Auto Expo, at the Pragati Maidan exhibition hall in New Delhi. Photo: AFP

Sales of trucks and buses, a key pointer to the country’s economic activity, rose 18.05% to 70,634 in September, SIAM said.

Demand for cars had shrank in July for the first time in nearly three years.

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