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Demonetisation

Automakers in India sold only 495 more passenger cars in November

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Car sales in November took a hit in sales due to the impact of demonetisation. Domestic passenger vehicle sales grew by a low 1.82% in November as passenger cars posted 0.29% growth and domestic sales of vans declined by 7.50%. according to Society of Indian Automobile Manufacturers (SIAM).

This article appeared in Zee Bisuness on 08th December, 2016.