Auto Sales May Hit A Speed Bump In Seasonally Weak February

Auto sales are likely to remain tepid in the seasonally weak month of February due to muted demand sentiment, according to a BloombergQuint survey of seven dealers across the country. “Sales growth is most likely to be negative for the overall industry in February except for one or two players as there is clear demand fatigue,” Ashish Kale, partner at United Automobiles, said. “Huge discounts are being offered at the dealer level in ...