Seeking Alpha

Auto sales

  • Auto sales fell 12.6% during April in India to 233,731 units.
  • The sales tally was a 23.4% drop from the previous month when there was a pickup in sales
  • The forecast for the sector remains gloomy with demand hampered by high interest rates in India.
  • Related stocks: SZKMF, HMC, TTM, BAMXY, VLKAY, NSANY
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