Hopes dampen for car sale revival
Sunday, November 30th, 2008
Attacks on Mumbai—India’s second biggest car market, behind Delhi—have dampened the hopes of any revival of sales for auto
majors, which
have witnessed a slowdown in the past few months. “There will certainly be a drop in sale in Mumbai as people will not venture out to buy cars,’’ Pawan Goenka, president of automotive sector at Mahindra […]