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BQ Survey | Discounts Fail To Lift Auto Sales In August
What a BloombergQuint survey of dealers and analysts in August revealed...
30 Aug 2019, 04:56 PM IST
Sales of cars and two-wheelers showed no signs of revival in August as heavy rains and liquidity constraint kept buyers away ahead of the festival season, according to a BloombergQuint survey of 10 large dealerships across India.“Dealers have been offering cash discounts and exchange bonuses but customers are just not looking to buy at the moment,” said Vinkesh Gulati, director of United Automobiles—a dealer of Mahindra & Mahindra Lt...
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