The current year can be said to be as normal as 2022-23, except that small car sales will have fallen below the previous year numbers. Overall, passenger vehicle sales in 2023-2024 would be at record levels of about 4.13 million. However, the annual sales growth from the 2018-19 levels up to this year would still be under 4%. The 2023-24 growth rate would be a little over 6%.
Calling All Cars: Comedy documentary, set in the Dover Harbour car terminal. Calling All Cars airs on Talking Pictures TV at 5:10 AM, Sunday 17 December.
Several dealers and industry executives ET spoke to said discounts on vehicles have increased by 25-50% over the same period last year, with stocks in the channel burgeoning to 700,000 units after Diwali. Carmakers have not yet planned any production cut to balance inventory but annual maintenance shutdowns at companies like Maruti Suzuki later this month are expected to help pare dealer stocks, industry watchers said.
Several dealers and industry executives ET spoke to said discounts on vehicles have increased by 25-50% over the same period last year, with stocks in the channel burgeoning to 700,000 units after Diwali. Carmakers have not yet planned any production cut to balance inventory but annual maintenance shutdowns at companies like Maruti Suzuki later this month are expected to help pare dealer stocks, industry watchers said.
MG 4 outsells Tesla Model 3 as cut-price electric cars arrive cowraguardian.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cowraguardian.com.au Daily Mail and Mail on Sunday newspapers.