After a thriving post-Covid period, the Indian car industry faces a downturn as wholesales to dealerships drop by 2% in Q2 FY25. Despite hefty discounts, buyers remain cautious, and the festive period fails to boost volumes significantly. Industry growth is now predicted to remain below 5% for the year, reflecting a market slowdown.
Related Posts
Compliance to growth: Boards don diverse hats
Corporate boards are undergoing a significant transformation, shifting from a compliance-focused approach to becoming drivers of growth and innovation. They are prioritizing meritocracy in member […]
CBDT sends alerts on mismatch in ITRs, AIS
The Income Tax Department is reaching out to taxpayers and non-filers via SMS and email regarding discrepancies found between their reported transactions in the Annual […]
Singapore fund brings back travel brand Cox & Kings
Singapore-based private equity firm Wilson & Hughes has relaunched Cox & Kings, a renowned travel brand in India, after acquiring it for an estimated Rs […]