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India car sales fall for eighth month in a row

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India recorded an eighth successive month of falling car sales Wednesday, with June seeing a 25 percent decrease, adding to a multi-day slump in Indian stocks.

Industry data showed passenger vehicle sales falling 17.5 percent last month year-on-year to 225,732 units, with domestic car sales off 25 percent.

Sales of motorcycles dropped 9.6 percent to 1.1 million, according to figures from the Society of Indian Automobile........

© Asian Correspondent