Vinkesh Gulati News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Car Inventory: Carmakers in India are forecast to face a record stockpile of 400,000 vehicles worth INR 44,000 crore by the end of May, as demand cools after a three-year run of high sales. Passenger vehicle registrations are expected to fall by 5% in May from a year earlier, due to election-related uncertainties, the completion of marriage season, and heat waves in key markets, particularly Delhi NCR.

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

Heatwave impacts car sales in India with dwindling footfall and delayed purchases. Dealers increase discounts and offer home test drives to attract buyers. Inventory stress expected in June as demand declines.

FADA: The Customer Experience Index (CEI) study will target various segments like hatchbacks, sedans, SUVs, EVs and luxury vehicles, utilising a detailed questionnaire to capture insights from 8,000 participants across 26 cities.

How the Chinese EV maker is shaping-up to be a formidable force in the world of electric mobility