Auto sales enter slow lane in May, expected to bounce back in the festive season

Auto sales enter slow lane in May, expected to bounce back in the festive season

Automobile sales slowed down in May as a combination of factors such as heatwaves, election-related uncertainties and a high base led to a decline in dispatches from the manufacturers to the dealers over the year-ago period, said executives at manufacturers that released the monthly sales figures on Saturday.Automobile manufacturers in India count dispatches to dealers … Read more