Maruti Suzuki India News
High interest rates, fuel prices hit car sales in May
Passenger vehicle sales in the domestic market continued to remain weak in May, with major auto manufacturers reporting either a decline or marginal growth in volumes.
If the latest figures are anything to go by, low consumer sentiment, high interest rates and rising petrol prices are hitting hard the auto industry in India, which until recently was touted as one of the fastest growing markets globally.
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