CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business

Car sales in India slump

Published: 11 Dec 2012 - 01:30 am | Last Updated: 05 Feb 2022 - 10:05 pm

A man walks among parked vehicles at a car yard in Jammu yesterday. Car sales in India slumped eight percent in November, dashing hopes of a sustained revival in sentiment, as an expected festive season boom failed to materialise with high interest rates and rising ownership costs weighing on demand.