The sale-purchase activity in used imported cars and jeeps continues to be subdued following the import curbs introduced in January 2019. The import of used cars and jeeps plunged to 16,000 units in 2019-20 from the peak of 80,000 units in 2017-18. The trend has let the established and new assemblers of local vehicles sail smoothly without facing nail-biting competition …
Read More »Imported cars: bumpy road ahead
October 19, 2020