10 October 2012 09:08 [Source: ICIS news]
Overseas shipments of passenger cars fell by 27% year on year in August this year, while exports of motorcycles declined by over 7%,
On the domestic front, overall vehicle sales fell by 3.9% year on year in August this year, with passenger car sales dropping by more than 18.5%, it said.
Motorcycle sales declined by almost 8.5% year on year in August this year,
The automotive industry is a major end-user of petrochemicals, including styrene butadiene rubber (SBR) and plastics.
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