Monday, May 31, 2021

Auto sales in May might have been hit by lockdown, double-digit decline seen across segments

Auto sales in May might have been hit by lockdown, double-digit decline seen across segments Experts largely look confident about a recovery in automobile sales from the second quarter of FY22 onwards, as restrictions are likely to be lifted. One brokerage sees a strong cyclical upturn that will last at least three years.

from Moneycontrol Business News https://ift.tt/3p44VBf

No comments:

Post a Comment

Global Market Today: Asian stocks rise after tech-led rebound in US

Asian markets opened higher today. Technology shares led the gains, boosting Wall Street. This rally eased worries about artificial intellig...