Things are not looking bright in the Indian automobile industry, it has not been for some time now. The latest figures are also not promising, as it showed yet another month of the slowdown.

Industry data from the Society of Indian Automobile Manufacturers (SIAM) for September showed that passenger vehicle sales plunged by 23.69 percent. During the same time period, commercial vehicle sales were down by 62.11 per cent.

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AFP/ REPRESENTATIONAL IMAGE

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