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Car Inventory: Car dealers may end up with 400K unit inventory as demand cools off, ET Auto

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.

Hardeep singh brarVinkesh gulatiMaruti suzukiFederation of automobile dealers associationsHyundai motor indiaAutomobile dealers associations

car inventory: Car dealers may end up with 400K unit inventory

car inventory: Car dealers may end up with 400K unit inventory
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Maruti suzukiHardeep singh brarVinkesh gulatiUnit inventory et bureauFederation of automobile dealers associationsUnit inventoryHyundai motor indiaAutomobile dealers associations

Newswire & Press Release / FADA and Frost & Sullivan Launch Pioneering Customer Experience Index (CEI) Study - Automotive / Trucking / RV - Frost & Sullivan

Newswire & Press Release / FADA and Frost & Sullivan Launch Pioneering Customer Experience Index (CEI) Study - Automotive / Trucking / RV - Frost & Sullivan
newswiretoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswiretoday.com Daily Mail and Mail on Sunday newspapers.

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Apple not the only company to grapple with cash payments in India; cash also figures prominently in car sales

With customers continuing to stream in with wads of notes to buy mobile phones or computers, payments for 7-9% of the American firm s sales in the two stores in India are made with cash, compared to less than 1% or even nil in its stores in the US or Europe, according to people with knowledge of the matter.

United statesManish raj singhaniaSantosh iyerNational payments corporation of indiaFederation of automobile dealers associationsApple indiaUnified payments interfaceNational payments corporationAutomobile dealers associationsMercedes benz indiaMercedes benzRaj singhania

Apple Finds Cash in Full Boom Here

Apple faced an unanticipated challenge soon after it opened two company-owned stores in India last April – many customers wanting to pay in cash – prompting the iPhone maker to install currency note counting machines in both the Mumbai and Delhi outlets.

United statesManish raj singhaniaSantosh iyerNational payments corporation of indiaFederation of automobile dealers associationsApple indiaUnified payments interfaceNational payments corporationAutomobile dealers associationsMercedes benz indiaMercedes benzRaj singhania