The recent fall of Rupee against Dollar, the increase in price for crude oil and fear of inflation will install bigger hurdles to the Indian automobile industry in the coming months.
For the period April-May 2013, the two and three wheeler segments show slight growths while passenger vehicle segment decades by 8.56% in comparison with the same period last year. The turmoil of commercial vehicle segment continues as they slips at a negative 5.28 at the periodic year-to-year comparison.
Source: Autobei
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