Maruti Suzuki, Hyundai, and Tata Motors are significantly boosting production by 20-40% to meet surging demand post-GST cuts. Retail sales hit a record high in October, with strong festive demand and lower taxes depleting dealership stocks. Carmakers anticipate this revival to sustain into next year, with industry growth forecasts revised upwards.
from Auto-Industry-Economic Times https://ift.tt/UfzFCd1
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