Deeper discounts coming? Why cars could get cheaper for you
Reuters
Sep 5, 2024 11:56 AM IST
India's auto dealers face record inventory and rising discount pressures as consumer spending remains uncertain.
Cars are seen parked under solar panels at the manufacturing plant of Maruti Suzuki in Manesar. Sales of unsold cars reached 70-75 days in August, prompting buyers to delay purchases. Dealers hope festive seasons will boost demand, despite a 4.5% sales drop in August.
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