Retail Auto Sales Continue To Recover In August 2020 But At Slower Pace

Retail auto sales continued to recover in India, albeit at a slower pace, in August 2020, as the economy began to open up from a series of localised and national lockdowns which were imposed in the aftermath of the coronavirus outbreak.Vehicle registrations—a measure of sales at dealerships—rose 4% month-on-month but fell 27.5% over the year-ago period to 11.79 lakh units last month, according to data complied by BloombergQuint from ...