MoTown India runs into muted sale season; dispatches drop as retail pick-up drags even after steep discounts

The car industry is experiencing a slowdown this year. Companies like Maruti Suzuki and Tata Motors have reduced wholesales to dealerships. Consumer spending has become cautious despite discounts. This has led to lower sales during the festive season. The industry is expected to grow at a low single-digit rate this year.

from Auto-Industry-Economic Times https://ift.tt/H47ptQU