Excess Rain Blamed for India's Plunging Car Sales | Vantage with Palki Sharma

Excess Rain Blamed for India's Plunging Car Sales | Vantage with Palki Sharma

India's automobile sales plunged more than 7% in August; a drop that has been blamed on "excess rainfall" during that month. Auto dealers are now stuck with around 780,000 unsold vehicles worth nearly $9 billion. Falling sales in June and May were also blamed on erratic weather in the form of heatwaves. How is climate change affecting India's economy? Palki Sharma tells you.

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India | Climate | Rainfall | Automobile | Car | Market | Sales | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#india #automobile #cars #sales #climatechange #rainfall #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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