This Reveals How Bad The Auto Inventory Pileup Is

Scooters and motorcycles are the biggest contributors to inventory piled up at dealerships even as India’s automobile sector hopes for the demand to revive.Demand for cars, two-wheelers and trucks has slowed, and is reflected in year-on-year drop in both wholesales or units moving out of the factory gate, and retail volumes based or vehicle registrations, according to data collated from the Society for Indian Automobile Manufacturers...