Tag Archives: ninth

New car and bike sales decline for ninth consecutive month

With nine straight months of declining sales, it is no surprise that sales in July 2019 across vehicle segments – passenger vehicles and two-wheelers – are not worth writing home about. Instead, they point to an urgent need for a growth stimulus – ideally a GST rate cut from the existing 28 percent to 18 percent – to revive sales. Else, ... Read More »