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October 1, 2019
This report first appeared in the September 2019 issue of PowerTALK.
The bad times in the
India automobile market started with the slowdown in Q4 2018, triggered by the
NBFC (Non-Banking Financial Companies) crisis. Since then it has been 10
consecutive months of hard times for almost all automobile segments. All the
segments in the country, be it passenger cars or commercial vehicles, have
registered a decline.
August 26, 2019
The India CV market is facing lower demand in 2019, reports MotorIndia magazine in its August 2019 Market Outlook issue.
CV Link is a comprehensive database updated quarterly that covers the CV market.
After a blockbuster growth in 2017 and 2018, writes Shah, growth that was largely driven by demand for tipper trucks due to the new infrastructure, mining projects and fleet replacement; the party ended in Q4 of 2018.