Diabytes
Car sales in December News
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One more sector which bore the brunt of demonetisation is Automobile sales.
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Monthly automobile sales growth rate in India slipped to a 16-year-low in December with total vehicle sales declining by 18.66 percent as demonetisation hits the industry hard.
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Domestic passenger vehicle sales declined by 1.36 percent to 2,27,824 units in December 2016, from 2,30,959 units in the same month a year ago.
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While Toyota, Tata, Nissan and Renault saw positive growth, Ford, Maruti, Hyundai and Mahindra faced a slowdown.
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