Business News›Industry›Auto›Auto News›India car market ends 2020 festive season on a high, retails over 1 million since August
India car market ends 2020 festive season on a high, retails over 1 million since August
Synopsis
After recording the highest ever dispatches in October, the industry is likely to close November with the highest ever dispatches for the 11th month of the year at 2.80-2.85 lakh units, witnessing a growth of 8-9%. Moreover, retail sales are expected to be even better at over 3.1 lakh units - further trimming the inventory in the system to less than one month.
The Indian car market has closed its best ever festive season with retail sales of 1-1.1 million passenger vehicles since August.After recording the highest ever dispatches in October, the industry is likely to close November with the highest ever dispatches for the 11th month of the year at 2.80-2.85 lakh units, witnessing a growth of 8-9%. Moreover, retail sales are expected to be even better at over 3.1 lakh units - further trimming the
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