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car sales: Car inventory at dealerships may hit 4-year high

Car dealers in India are expected to have a high stock of vehicles this month due to automakers increasing inventory in anticipation of a strong festive season. The estimated stock will be worth ₹24,000-26,000 crore, a 7.6% increase from September 2019 levels. Car companies are launching new models and benefiting from improved semiconductor availability.

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