Economy, asked by shikhafg9480, 9 months ago

Why recession in automobile industry 2019?

Answers

Answered by Utkarshkesharwani933

Answer:

Overall, the auto sector witnessed an 18 per cent dip in sales in the month of July 2019. ... At the centre of the auto sector's downturn is low demand caused by a lack of credit for car buyers and uncertainty due to upcoming regulatory changes.

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