car discounts: Double-whammy for India’s car dealers: Rising inventory and increasing demand for discounts

car discounts: Double-whammy for India’s car dealers: Rising inventory and increasing demand for discounts

Stung by leftover inventory and unsure about consumer spending, India’s auto dealers are worried about having to discount more to boost demand in the upcoming festive season, a representative of the dealers’ body said on Thursday. The double whammy of higher inventory costs and deeper discounts is a nightmare for auto dealers as that has … Read more