Fragile recovery: Retail auto sales contradict robust wholesale numbers
Soon after major automakers reported high sales numbers for October, dealers have cautioned against any exuberance. With declining retail sales contradicting the robust wholesale numbers, there’s an air of suspicion around the recovery narrative in the auto space. Auto sales are a barometer of the country’s economy and record high sales reported by manufacturers had raised hopes of the festive season pushing consumer demand severely hit by the lockdown. Read More
Pfizer's early data shows Covid-19 vaccine is more than 90% effective
The drug maker Pfizer announced on Monday