40 percent decline in car sales, 250 dealership showrooms closed


Cars at Showroom in India

Due to problems in economy, people are struggling with a decrease in their income which in turn has adversely affect the sales of cars in India. As per the information, 40% decrease is reported as of now due to which more than 250 dealerships has been shut down in Mumbai, Delhi, Bangalore etc. Not only this, 25000 employees have lost their job but some automobile companies are still in profits. They have found a way out to deal with crisis by using their plant one or twice a year and selling old stock first.