The steep fall in sales is mainly due to reluctance of banks to soften interest rates or ease stringent loan lending criteria. This has forced customers to postpone their car purchase with hopes that car prices may go down after

The sales of the Hindustan Ambassador have dipped by 33% in the past few months. According to an industry resource, Ambassador had a sales number of about 900 cars every month. Unfortunately, this number has now dropped to 600 per