Saturday, October 26, 2024

This festive season, motown sees unusual mix of waitlists and discounts across segments

The Indian passenger vehicle market sees contrasting trends this festive season; while premium models like Toyota's Land Cruiser face long wait times up to 96 weeks, mainstream manufacturers offer substantial discounts up to ₹4.5 lakh to clear inventories. October sales show a 10% month-on-month growth, driven by a resilient demand for high-end vehicles and heavy discounting in volume segments.

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

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