The Federal Reserve has raised interest rates for the 10th consecutive time in an effort to curb inflation, but experts question its impact on the economy
As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 11 per cent to 10,06,062 units, compared to 11,27,917 vehicles in December 2020.
Showroom sales of passenger vehicles fell 25.3% sequentially to 208,883 units during April, showed data issued by the Federation of Automobile Dealers Associations on Monday.