Auto dealers see clouds beyond festive cheer
Indian auto dealers warned that high vehicle inventories and rising financing costs could hurt post-festive demand. Passenger vehicle stocks remained at 43-45 days despite record wholesale dispatches, though…
Attributed summary
Indian auto dealers warned that high vehicle inventories and rising financing costs could hurt post-festive demand. Passenger vehicle stocks remained at 43-45 days despite record wholesale dispatches, though dealers expect strong retail sales in the coming weeks to help clear inventory, the Federation of Automobile Dealers Associations said.
Read the original report — Economic Times
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