Dealer Inventory To Touch 4 Lakh Cars Worth Rs 44,000 Crores
Car dealers in India could expect a stock pile of 4 lakh units for May 2024, collectively valued at Rs 44,000 crores as demand declines
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Car dealers in India could expect a stock pile of 4 lakh units for May 2024, collectively valued at Rs 44,000 crores as demand declines
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In a bad year, it’s a record Dec for car despatches A top executive at a leading carmaker said retails maintained a good momentum in December, even as stock was fast receding in the channel. Synopsis Dispatches from factories this month are expected to be 2.78 lakh units, the highest on record for any December and a 17-18% increase from a year earlier. Mumbai: The passenger vehicle industry in India is set to record its fifth straight month of double-digit sales growth in December, ending an eventful year that witnessed almost 50 days of no or low sales and a total disruption in the mobilit...