Monthly Indian car shipments fall again in sign of cooling demand - Nikkei Asia
Automobiles
Monthly Indian car shipments fall again in sign of cooling demand
Fiscal year has ended on a weak note despite increase overall
Tata Motors' Nexon and Nexon.ev models outside a hotel in New Delhi. © Reuters
SAYAN CHAKRABORTY
April 15, 2025 17:49 JST
BENGALURU -- Automakers in India have shipped fewer cars to dealers for the second month in a row as stunted wage growth and sticky inflation drag down demand in the world's third-largest auto market.
The Society of Indian Automobile Manufacturers (SIAM) said Wednesday that such shipments totaled 329,742 in March, a just under 0.5% decrease from February but a 3.7% increase year on year.
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