The car industry faces a slowdown post-Covid as cautious buyers lead to reduced wholesales to dealerships, even during the typically high-demand festive period. Passenger vehicle dispatches dropped by 2% in the second quarter of this fiscal year, with a marginal 0.5% increase in the first half. Industry forecasts now predict growth in low single digits.
Related Posts
Rivals need to invest in EV tech: Ola CEO
Ola Electric’s CEO Bhavish Aggarwal emphasizes his company’s lead in the electric two-wheeler sector, urging competitors to invest in technology and cease traditional scooter production. […]
Ratan Tata’s successor: Noel Tata appointed chairman of Tata Trusts
Noel Tata, aged 67, has been appointed chairman of Tata Trusts after the passing of Ratan Tata. Noel holds several significant positions within the Tata […]