The steep decline in sales to dealers is worrying industry executives who are renewing calls for a tax cut on cars, two-wheelers and trucks while auto analysts are cutting their sales forecasts for the year. Rajan Wadhera, president of the Society of Indian Automobile Manufacturers said that cutting taxes to 18% from 28% at present would help create demand.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ZxnjZ1
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