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 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.
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.
Consumption trends show that sales of entry-level two-wheelers, refrigerators and air conditioners surged as massive spending during general and state elections increased liquidity in the market.