PICS: Auto sector drives past bad phase, hopes for better

SALES DROP: In the longest period of slowdown witnessed by the Indian auto market, car sales dropped continuously for nine months till July this year. It recovered for two months in August and September around the festive season before falling again in October and November. In the January-November period, car sales in India had fallen by 10.32 per cent to 16,74,450 units as against 18,67,176 units in the same period last year.