Indian automotive output dropped marginally, by 1% on-year to 2,191,090 units in October, against 2,214,745 units produced in the same period last year, reports the Society of Indian Automobile Manufacturers (SIAM).
On-month, output plunged by 12% against 2,479,256 units produced in September. Output includes passenger vehicles (PV), commercial vehicles, three-wheelers, two-wheelers and quadricycles.
Output in April-October, however, surged 16% on-year to 15,362,…
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