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.
India s passenger vehicle (PV) industry had a bumber 2023-24 financial year, with wholesales toping 42 lakh units for the first time. Sports utility vehicles are among the top driver of this demand, accounting for almost half of total PV sales. Not surprisingly then, most auto makers are targeting this segment
While entry-level hatchbacks are offered at discounted prices of Rs 20,000-30,000, some high-end premium e-SUVs are available at Rs 2 lakh less than the prevailing ex-showroom prices. No discounts are available on high-end SUVs which have heavy demand
Ajai Dayal - We are in the early stages in electric mobility solutions which will be cheaper than fossil fuel, less polluting, and will have comparative or better driving experience for aficionados. We can only root for everyone involved to make it happen soon, , electric vehicles