Passenger, commercial vehicle registrations fall in August as floods, rainfall disrupt sales
Registrations of passenger as well as commercial vehicles fell last month with excess rainfall, floods disrupting retail sales in several states in the local market. While passenger vehicle sales declined by 4.5% to 309,053 units, commercial vehicle retails slid 6.05% to 73,253 units on back of weather-related disruptions and weak industrial demand. Overall, vehicle registrations … Read more