Automobile sales nosedive 55% in May, Will June bring respite with ease in COVID-19 restrictions?

New Delhi: In the month of May, automobile sales dropped by over 55% month on month (MoM), courtesy of the lockdown announced in many states across the country to tame the second wave of COVID-19. In comparison to May 2019, auto sales plummeted by over 70%.  The drop in sales was witnessed across all automobile … Read more