Emissions Rules: Sales and India Dealerships

emissions rules: Across India dealerships are being pushed out of business and the Indian auto sector is going through its biggest slump in nearly two decades, according to The Japan Times. Passenger vehicle sales fell for eight straight months until June, and in May sales dropped 20.55 percent the sharpest recorded fall in 18 years. There used to be close to 15-20 bookings each day, but now we're down to 3-5 on good days, said Gharpure, the general manager at the dealership. ; Gharpure's experience is not an isolated one. Preliminary data indicate passenger vehicle sales may have plunged as much as 30 percent in July. Unlike in China, where the plunge in car sales has been caused largely by new emissions rules, India has seen a mix of factors that have combined to erode demand for automobiles. The slump in India, along with a simultaneous slide in Chinese auto sales, is a blow for automakers wrestling with higher costs driven by more stringent emission norms and a push to develop electric cars. (news.financializer.com). As reported in the news.