Friday, July 12, 2024

Motown, slowtown: Luxury car sales slow in line with broader slowdown in Indian auto market

Carmakers attributed the sluggish performance to a broader slowdown in the Indian car market, besides intense heat waves this summer, and an extended general election. Some experts also cited a shift in spending by the wealthy to experiences such as bespoke holiday itineraries.

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

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Auto companies push for easing of fuel efficiency norms

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