Vinesh Gulati

India's passenger car retail sales declined by 11% in December, as a shortage of semiconductors, said Federation of Automobiles Dealers Associations (FADA) on January 5. Retail sales of passenger vehicles declined in December 2021 by 10.91% to 2,44,639 units from 2,74,605 units in December 2020. "Retail sales continued to disappoint, thus wrapping up an underperforming calendar year,'' said FADA President Vinkesh Gulati. FADA has 26,500… read-more