Election uncertainty could hurt Indian auto sales in May, dealers' body says

Despite consumer interest, the ongoing elections in India have an influence on automakers' sales. Modi's bid for a third term has unsettled the market. Despite worries about voter turnout, cash constraints, and financial regulations, the auto industry is cautiously confident, as sales growth is supported by steady gasoline prices and celebratory purchases.

from Auto-Industry-Economic Times https://ift.tt/pPRUlce