Auto News India - Car prices News | CarDekho.com
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Auto industry is suffring very badly by decreasing market demand for automobiles. Almost all the leading car manufacturers suffring from credit crunch. Major car manufacturers from US are opting for government bail out and position of other automobile manufacturers is also not different. Almost All the main Auto gaints cutting down production and cutting jobs.
View Full Detail »Used car prices in many indian major cities has gone down by more then 30% in recent days .The main contributers in this steep fall in used car price are the people who lost their jobs and people who are in no position to repay the loans due to credit crunch.
View Full Detail »HDFC bank is going to lower interest rates up to 150 basis points on vehicle loans from last week of January.The news of cutting in the interest rate came in the aftermath of the announcements of interest rate cuts by many big banks of this sector.
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