Indian Auto Dealers Expect Strong Festive Pickup in Deliveries
2 reports, 2 independent
Updated Wed 00:00
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What happened
Indian automobile dealers are expecting a significant increase in deliveries from mid-October, driven by deferred demand from Shraadh moving into Navratri and Dussehra. Dealer confidence has strengthened, with 75.57 per cent of dealers surveyed by the Federation of Automobile Dealers Associations (Fada) expecting growth in October. However, electric vehicles face a demand-supply mismatch due to imported component and shipping constraints.
From rediff.com
Why it matters
The anticipated festive pickup suggests increased sales volume for traditional vehicle types. The demand-supply mismatch for electric vehicles could influence consumer purchasing decisions toward petrol or CNG alternatives.
From rediff.com