Sunday, September 8, 2024

Amid slowdown, lenders line up offers to turbocharge rural auto sales

The slowdown in rural demand for automobiles has led banks and finance companies to offer lower interest rates, free insurance, and longer repayment tenures during the festive season. Experts predict rural consumers may start buying new products from the fourth quarter of the current fiscal year, despite weather uncertainties and high inventory levels.

from Auto-Industry-Economic Times https://ift.tt/0oBDluY

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