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Retail Auto Sales Slump To 18-Month Low In June
Retail sales continue to decline as demand fails to pick up in June.
30 Jun 2019, 11:03 AM IST 
An electronic air quality index board reflected in the rear window of a car as an auto-rickshaw driver waits in traffic at night in New Delhi. Photographer: Prashanth Vishwanathan/Bloomberg
Retail automobile sales, measured by number of new vehicles registered across the country, slumped in June, a seasonally weak month, its lowest in 18 months as buyers stayed away amid a consumption slowdown in India.Vehicles registrations fell 16 percent over the previous month and slipped 14 percent on a yearly basis, according to data from 1,171 regional transport offices in 31 states and union territories collated by BloombergQuin...
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