India's vehicle sales to take 3-4 years to return to peak levels: Auto body

Topics Auto sales | Siam | COVID-19


India's auto sales volume will not return to the peak levels seen in 2018 for another three-to-four years, an industry body executive said on Tuesday, as the Covid-19 pandemic has aggravated disruption in a sector already hit by weak demand. In the fiscal year that began on April 1, sales of cars, sport utility vehicles (SUVs), motorbikes and trucks have already fallen 75 per cent from a year ago to about 1.

5 million vehicles, data released by the Society of Indian Automobile Manufacturers (SIAM) showed. That compares with.

This article is no longer available in our repository.

There could be multiple reasons for this.