Automobile Industry: GK, Current Affairs, Questions, Trivia and News

Automobiles Sales in India fall for the 9th straight month

As per the data released by the Society of Indian Automobile Manufacturers (SIAM), the sales of domestic passenger vehicles has fallen down by 30.9% in the month of July. This is the 9th straight decline in monthly sales. The domestic production of all passenger vehicles has also fallen by nearly 17% in the same month. ..

Issues before the Automobile Industry

The Indian auto industry, which is one of the world’s largest (4th largest) with annual sales increasing 9.5% year-on-year to 4.02 million units (excluding two-wheelers) in the year 2017. It also was the 7th largest manufacturer of commercial vehicles in 2018. Current Situation The Two Wheelers segment dominates the Indian market segment in terms of ..