Auto Sales  

As finance minister Nirmala Sitharaman blames ‘millennial mindset’ for the slump in car sales, industry experts like TV Mohandas Pai have batted in her support. However, he added that liquidity freeze of NBFCs is to be blamed for the dip 

Continued weak demand has forced Ashok Leyland to impose non-working days in its plant. The auto manufacturer’s shares also saw a dip

Bajaj Auto, the two-wheeler and three-wheeler manufacturing company, in a regulatory filing stated that the company’s sales for the month of August had dipped by 11% 
 

Rendering almost 15,000 workers jobless over the past two-three months, it was not good news for the auto industry as stocks tumbled up to 9%. Auto sales in India saw the sharpest fall in 19 years in July