Wednesday, February 5, 2025

Steering with caution: Optimism on the road, but inflation and other bumps ahead

The auto retail sector in India is cautiously optimistic about February 2025 sales. New launches, promotions, improved financing, and existing orders are expected to sustain customer footfalls. However, strict lending criteria, costlier vehicles, and inflation remain concerns. The government’s recent tax cuts for the middle class may boost consumption and support stable or slightly higher sales.

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

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