Car companies cut dispatches to dealers
Car industry dispatches to dealerships have declined during the festive season as buyers anticipate potential GST rate cuts. Major automakers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, and Tata Motors experienced drops in August wholesales. Customers are postponing deliveries, hoping for reduced prices following a GST review, with expectations of cuts on smaller cars and two-wheelers.🕒 1 min read
Car industry dispatches to dealerships have declined during the festive season as buyers anticipate potential GST rate cuts. Major automakers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, and Tata Motors experienced drops in August wholesales. Customers are postponing deliveries, hoping for reduced prices following a GST review, with expectations of cuts on smaller cars and two-wheelers.
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