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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.
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