No recovery in sight for carmakers, sales drop 6.2% in January3 min read 10 Feb 2020, 11:46 PM IST
The decline came despite a 0.29% increase in sales of market leader Maruti Suzuki
A shift to making vehicles that are compliant with BS-VI emission norms, due from 1 April, is also leading companies to cautiously adjust their production and inventory levels at dealerships
Mumbai: Passenger vehicle sales in India fell the most in three months in January, underscoring that a prolonged slump in demand could continue as consumer sentiment remains weak in a slowing economy while automakers adjust production ahead of a transition to new emission norms.
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