Automakers posted their worst growth in recent times in May as rising fuel prices and interest rates slowed down demand despite offering discounts to lure customers back to showrooms.
"Indian car market is heading for tougher times. It's the return of high fuel prices and interest rates regime that are playing spoilsport for us and will continue to challenge us for the next few months," Maruti managing executive officer...
Continued at: EconomicTimes
