Double whammy for auto sector: Car sales slide; EU-FTA to hit auto

Published on: Thu Feb 09, 2012 | 12 min, 48 sec

S Sandilya, President of SIAM and Arun Malhotra, Sr. VP Sales & Customer care, Automotive Division at M&M discussed the auto sector which is likely to see car sales go down for the first time in nearly a decade. The sector was already adversely impacted by high fuel prices, financing costs and is likely to be hit further by the proposed EU-India FTA.

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POll

Considering the mounting pressure, will the govt roll back petrol price hike?
 
Yes, only marginally
No
Can't say