India car sales to dealers rise for fifth month in February, industry body says; Mideast risks loom

India’s domestic car dispatches to dealers rose for the fifth month in February. Tax cuts helped lower prices for most models.

Source: Reuters (via feed)




India’s domestic car dispatches to dealers rose for the fifth consecutive month in February. Data from an industry body released on Friday showed this increase. The rise was supported by tax cuts. These tax cuts have lowered prices across most models.

BizTrendWire Insight:

The data confirms that tax cuts have coincided with rising car dispatches to dealers in India.


Read full story on Reuters

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