Why Cars Aren't Selling in India
Ford Motors has shut shop in India, causing the media to once again talk about problems being faced by the auto-industry.
Ford Motors has shut shop in India, causing the media to once again talk about problems being faced by the auto-industry. Ford is just an extreme example of the declining demand for cars in India. The real reason for it is that India's car market is saturated, because its small middle-class has become smaller and its buying power has shrunk.
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