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India’s car market just had its worst month in 18 years. 1 million jobs are at risk

India’s car market just had its worst month in 18 years. 1 million jobs are at risk
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Just two years ago, India’s huge car market was booming and global players were rushing to invest. Now it’s been slammed into reverse.

Sales of passenger vehicles plunged 31% in July, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

Read more:
https://edition.cnn.com/2019/08/13/business/india-car-sales-slump/index.html

SOURCE : CNN

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