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More than 7 lakh cars lying unsold in India
short by Hiral / on Friday, 23 August, 2024
More than 7 lakh cars worth ₹73,000 crore are lying unsold at dealerships across India, as per Federation Of Automobile Dealers Associations (FADA). It said the duration of vehicle stockpile has increased from 65-67 days in early July to 70-75 days at present. "This poses a substantial risk to dealer sustainability, necessitating extreme caution," FADA President Manish Raj Singhania said.
read more at NewsBytes