Festive October a quirk amid auto slump

Auto sales picked up pace in October as more and more headed out to purchase vehicles amid the festive season. Vehicle registrations at RTOs improved 4% over October last year. Inventory build-up at vehicle dealers eased across the board. Registration numbers of PV improved 11% in October, while those of two-wheelers improved 5%.

from Auto-Industry-Economic Times https://ift.tt/345L3Cy