Indian passenger car sales growth inched higher year on year in March but commercial vehicle sales plunged, reflecting a worsening economy, industry data showed.
Indian passenger car sales growth inched higher year on year in March but commercial vehicle sales plunged, reflecting a worsening economy, industry data showed.
Car sales rose 1% in March to 129,358 units, according to Society of Indian Automobile Manufacturers (SIAM) data cited by Agence France-Presse (AFP).
Sales of trucks and other commercial vehicles, which reflect changes in industrial activity and are seen as a pointer to the economy’s overall health, slid by 26.22% in March to 41,881 units, the report said.
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