Auto sales data: Tractors’ growth contracts 12% in July, FADA laments record-high PV inventory levels
India’s automobile retails grew 13.8 per cent on an annual basis in July, data from auto body FADA showed on Monday. Almost all segments except tractors exhibited a double-digit growth even as passenger vehicles’ inventory levels rose to a historic high of 67-72 days. The lobby body noted that consumer sentiment remained low in some … Read more
