Car sales drop by 50% in Mumbai due to demonetisation
Demonetisation of old ₹500 and ₹1000 notes has brought down sales of cars and two-wheelers in Mumbai, thereby reducing congestion in the long run. November saw car sales dropping by 50%, according to auto dealers. Data showed that 1,902 fewer cars and bikes were registered in November this year compared to the same month in 2015. 