Passenger vehicle sales drop 17 percent in April, worst dip since 8 years

Passenger vehicle (PV) sales in India dropped by 17.07 percent in April, the sharpest decline since October 2011, as weak customer sentiment led by liquidity crunch, uncertainty revolving elections... Read more »

Mid-year FY19 Auto & Auto Ancillaries Outlook: Macroeconomic Factors to Boost Demand; Evolving Regulatory Framework

India Ratings and Research (Ind-Ra) has maintained a stable outlook for the auto sector for the remainder of FY19. This is in line with Ind-Ra’s earlier expectations of moderate... Read more »