Thursday, September 5, 2024

Double-whammy for India's car dealers: Rising inventory and increasing demand for discounts

India's auto dealers are concerned about high inventory levels and the need for deeper discounts to boost demand during the festive season. Sales of unsold cars reached a record high in August, leading to increased costs and reduced profit margins. Dealers hope for improved sales during Navratri and Deepavali festivals.

from Auto-Industry-Economic Times https://ift.tt/8fr7D9Y

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